Government
Jun. 13, 2014
Investment rules undergoing rare review
In just over a month, the Securities and Exchange Commission will wrap up an unprecedented review of its definition of "accredited investor."
Daily Journal Staff Writer
In just over a month, the Securities and Exchange Commission will wrap up an unprecedented review of its definition of "accredited investor." The definition - which determines who can invest in privately held companies - has been largely untouched for more than three decades. The review represents the most comprehensive formal study undertaken by the SEC of what characteristics best reflect an ind...
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