Informed Investor Access Act

The Informed Investor Access Act expands the definition of an "accredited investor" to include individuals who receive personalized investment advice or recommendations from registered investment advisers or brokers. This change allows people who rely on professional guidance for specific transactions to access private investment opportunities that were previously restricted to those meeting high income or asset thresholds. The bill requires the Securities and Exchange Commission to update its regulations to align with this new definition, ensuring that individuals working with qualified financial professionals are not excluded from certain markets. By removing the "or" between existing criteria and adding a new category for advised investors, the legislation broadens eligibility based on the quality of advice received rather than solely on financial metrics.