Accredited Investor Definition Regulation - Comment Letter - Investment Program Association - March 2, 2011

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Dodd-Frank Timeline,
Net Worth Standard for Accredited Investors, SEC
Proposal Date Final Rule Issue Effective Date
January 31, 2011 December 29, 2011 February 27, 2012

Net Worth Standard for Accredited Investors
March 2, 2011

The comment letter calls for additional consideration of the following categories:

  • primary residence indebtedness;
  • the distinction between “recourse” and “non-recourse” indebtedness;
  • unjustified definition adjustments “in light of the economy;” and
  • the exclusion of initially accredited investors who are no longer accredited due to Section 413.


References

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