Fewer Investors Will Be Able to Qualify as “Accredited Investors” under the New Dodd-Frank Act
As a result of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) on July 21, 2010, it is now more difficult for individuals to qualify as “accredited investors” under Rule 501(a)(5) of Regulation D under the Securities Act of 1933. The “Accredited Investor” Standard Start-up companies and investment […]