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SEC Amends Accredited Investor Definition

Legal News, Lawyers, Law Firms

On Aug. 26, 2020, the Securities and Exchange Commission (SEC) announced amendments to the definitions of “accredited investor” and “qualified institutional buyer” (QIBs) to expand the universe of investors who are eligible to participate in certain common types of private securities offerings (available here ). The amendment is effective 60 days after publication in the Federal Register...

Mentions: The SEC Investor SEC