HR 4776 United States House · 117th Congress

Equal Opportunity for All Investors Act of 2021

Summary
Equal Opportunity for All Investors Act of 2021 This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must ensure that to be designated as an accredited investor, an individual understands and appreciates the risks of investing in private companies; must be designed to ensure that an individual with financial sophistication or training would be unlikely to fail; and may be administered by a registered national securities association. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 28, 2021 Last action Jul 28, 2021
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 28, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Jul 28, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors