ACCREDITED INVESTOR

The Advisory Committee concluded that if the income and net worth thresholds are increased, it "will materially decrease the pool of capital available for smaller businesses." It continued by stating that such a change "would have a disparate impact on those areas having a lower cost of living, which areas often coincide with regions of lower venture capital activity."... The Report considered numerous different approaches and potential changes and contains discussion supporting each element in determining an accredited investor and the recommended changes. The Report discusses the numerous different proposals considered, the input of commenters, the challenges that will be associated with each of its recommendations and the reasoning behind such recommendations. However, notably absent from the Report are specific recommendations associated with the broad concepts... Anthony L.G, PLLC representing reporting public companies and private companies. Their securities attorneys also..

Also known as: Advisory Committee

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