The Expanded Definition of “Accredited Investor” Took Effect on December 8, 2020
29.01.2021 in Securities Attorneys (Exchange Act)By Yujia Wei and Amelia Smith On August 26, 2020, the U.S. Securities and Exchange Commission (“SEC”) adopted amendments to the definition of “accredited investor,” a central component in the exempt offering framework, including Rules 506(b) and 506(c) of Regulation D. These amendments are part…