American Association of Private Lenders and Geraci LLP’s comments cited in SEC’s final ruling to amend “Accredited Investor” definition
More than a year after proposing an expansion to its definition of “accredited investor,” the Securities and Exchange Commission (SEC) has published its final ruling on the matter. This represents the first meaningful modification of the definition since its inception in 1982, when it was created in an effort to govern the sale of unregistered [...]