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Risk Disclosure and Investor Attestation Act

USA118th CongressHR-1574| House 
| Updated: 3/14/2023
Warren Davidson

Warren Davidson

Republican Representative

Ohio

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accredited Investor Self-Certification Act This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
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Timeline
Mar 14, 2023
Introduced in House
Mar 14, 2023
Referred to the House Committee on Financial Services.
  • March 14, 2023
    Introduced in House


  • March 14, 2023
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Risk Disclosure and Investor Attestation Act

USA118th CongressHR-1574| House 
| Updated: 3/14/2023
Accredited Investor Self-Certification Act This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 14, 2023
Introduced in House
Mar 14, 2023
Referred to the House Committee on Financial Services.
  • March 14, 2023
    Introduced in House


  • March 14, 2023
    Referred to the House Committee on Financial Services.
Warren Davidson

Warren Davidson

Republican Representative

Ohio

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted