Accredited Investor Definition Review Act

This bill updates the definition of "accredited investor" under securities law to formally include specific professional certifications, designations, and credentials already approved by the SEC (like certain licenses listed in a 2020 SEC order). It requires the SEC to periodically review and adjust this list every five years (starting 18 months after enactment) to ensure it reflects individuals' financial sophistication and experience. The change directly affects individuals seeking accredited investor status, who may now qualify based on these designated credentials. The bill mandates the SEC to add new credentials that measure financial knowledge similarly to those already on the list, aiming to maintain the definition's relevance for investor protection.