Section 1 Short title
This Act may be cited as the “Investment Opportunity Expansion Act”.
Investment Opportunity Expansion Act
A BILL
To amend the Securities Act of 1933 to add additional investment thresholds for an individual to qualify as an accredited investor, and for other purposes.
Sec. 2 Investment thresholds to qualify as an accredited investor
Section 2(a)(15) of the Securities Act of 1933 (15 U.S.C. 77b(a)(15)) is amended—
in clause (i), by striking “or” at the end;
in clause (ii), by striking the period at the end and inserting “; or”; and
by adding at the end the following:
“(iii) with respect to a proposed transaction, any individual whose aggregate investment, at the completion of such transaction, in securities with respect to which there has not been a public offering is not more than 10 percent of the greater of—
“(I) the net assets of the individual; or
“(II) the annual income of the individual.”