Regulatory Alerts2020-10-09 | 2020-19188Added
Order Designating Certain Professional Licenses as Qualifying Natural Persons for Accredited Investor Status
The Securities and Exchange Commission issued an order designating holders of the Series 7, Series 82, and Series 65 professional licenses as qualifying natural persons for accredited investor status. This determination allows individuals holding these specific licenses in good standing to participate in private investment offerings under Rule 501(a)(10) of Regulation D. The order becomes effective on December 8, 2020, following consideration of public comments and alignment with the attributes specified in the Securities Act of 1933.
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