AI Changes Notice to Clients

Ben Levkov Accredited Investor

On August 26, 2020, the Securities and Exchange Commission (the SEC) adopted amendments to the definition of an “accredited investor” under Rule 501(a) of Regulation D under the Securities Act of 1933 (the “Amendments”). The Amendments become effective 60 days after they are published in the Federal Register and expand the pool of individuals and entities that qualify as accredited investors to include the following: …