The U.S. Securities and Exchange Commission (SEC) has formally adopted new accredited investor rules, expanding the group of Americans who can invest in private securities. The new definition, which lets individuals holding certain licenses meet the definition of “accredited...
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For the first time in nearly 40 years, the U.S. Securities and Exchange Commission is lowering the barriers to investing in private securities. How much lower is unclear, however. Three of the five SEC commissioners voted to publish a...