Tag Archives: sophisticated investor

SEC Issues Report on Definition of “Accredited Investor”

The Securities and Exchange Commission issued its “Accredited Investor” review report. The agency  is contemplating: revising the financial thresholds for individual investors since the number of U.S. households qualifying as accredited investors has increased from approximately 2% of the population … Continue reading

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SEC Looking at “Accredited Investor” Qualifications

Securities and Exchange Commission Chairman Mary Jo White testified before the House Committee on Financial Services last week, stating that the SEC is now involved in a comprehensive review as to “whether to change the definition of accredited investor, including … Continue reading

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“Accredited Investor” Definition Could Change

The SEC Investor Advisory Committee, established by the Dodd-Frank legislation, has recommended to the SEC to change the “accredited investor” definition to increase the dollar amounts for inflation, and to include a class of “sophisticated” investors who have either financial … Continue reading

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Burrito Bond Crowdfunded Successfully

The UK crowdfunding portal CrowdCube is touting the “first” crowdfunded Burrito Bond. The London-based Mexican-style restaurant chain, Chilangos, has successfully raised over GBP2 million (1 million over its target) selling 4 year “mini-bonds” at 8% interest to more than 600 … Continue reading

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UK Continues to Lead Crowdfunding Regulation

The United Kingdom’s Financial Conduct Authority (“FCA”) has issued regulations that provides for 4 types of crowdfunding investors as described by the leading UK equity crowdfunding site CrowdCube: Restricted Investors: who agree to not make more than 10% of their investments … Continue reading

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SEC Will Consider Expanding Who Is Accredited

In a response to the October 30 letter to Chairman Mary Jo White from Reps. Patrick McHenry (R-NC) and Scott Garrett (R-NJ), the SEC has apparently agreed to consider expanding the definition of “accredited investor” found in Rule 501(a) of … Continue reading

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UK Crowd Funding Moves Towards US Rules

Variety is reporting that the UK has moved to tighten its debt and equity crowdfunding rules to be more in line with the recent SEC proposed regulations. Equity securities ” will only be able to be offered to clients who: … Continue reading

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