Equal Opportunity for All Investors Act of 2025

The "Equal Opportunity for All Investors Act of 2025" directs the Securities and Exchange Commission (SEC) to revise the definition of an accredited investor to include natural persons who pass a new certification examination. This examination, to be established within one year, will assess an individual's financial sophistication across various areas. Key topics covered will include types of securities , disclosure requirements, corporate governance, financial statements, and the specific risks associated with unregistered securities and private investments, such as limited liquidity and potential conflicts of interest. The examination must be designed with an appropriate level of difficulty and will be administered free of charge to the public by a registered national securities association, ensuring broader access to accredited investor status based on knowledge.