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Bill · 119th Congress · HR 3348

Accredited Investor Definition Review Act

Refreshed 3 h ago

Introduced 2025-05-13Topic: economy jobs

Summary

Summary by the Congressional Research Service

Accredited Investor Definition Review Act This bill revises who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows the Securities and Exchange Commission (SEC) discretion in determining what certifications, designations, or credentials investors must possess for purposes of investor protection, provided that the credentials are at least as broad as the existing regulations and include those professional licenses currently approved by the SEC. Additionally, the SEC must review these credentials every five years.

Full text and official record on Congress.gov

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Action history

DateChamberActionStatus effect
2025-06-04HousePlaced on the Union Calendar, Calendar No. 103.
2025-06-04HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-134.report
2025-06-04Reported (Amended) by the Committee on Financial Services. H. Rept. 119-134.report
2025-05-20HouseOrdered to be Reported (Amended) by the Yeas and Nays: 34 - 16.refer
2025-05-20HouseCommittee Consideration and Mark-up Session Heldrefer
2025-05-13HouseReferred to the House Committee on Financial Services.refer
2025-05-13Introduced in Houseintroduce
2025-05-13Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-10-08. Provisions and opinion polling arrive in a later release.