Emerging Markets Law

Effective Date for SEC Amendment to Definition of Accredited Investor

Posted In SEC

This blog post provides additional information to the post on August 27, 2020, "SEC Amends Definition of Accredited Investor."  

On August 26, 2020, the SEC announced it was adopting changes to the definition of “accredited investor” that will change the way start-ups and growing businesses can recruit investors for exempt transactions under Regulation D and Regulation A. The changes were to become effective 60 days after publication in the Federal Register. 

Those changes will take effect on December 8, 2020

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