Bill > HR2797

This bill, the Equal Opportunity for All Investors Act of 2023, amends the Securities Act of 1933 to require the Securities and Exchange Commission (SEC) to establish a certification examination for individuals to be recognized as "accredited investors." The examination would test an individual's understanding of different types of securities, disclosure requirements, corporate governance, financial statements, risks associated with unregistered and private securities, potential conflicts of interest, and other relevant criteria. The exam would be administered and offered free of charge to the public by a registered national securities association. The goal is to expand the pool of accredited investors beyond just those meeting certain income or net worth thresholds, giving more individuals the opportunity to participate in private securities offerings.

Business and Industry, Housing and Urban Affairs

https://www.congress.gov/bill/118th-congress/house-bill/2797/all-info