U.S. SEC proposes allowing more investors access to private companies

WASHINGTON - The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies.

Under current SEC rules, individuals who wish to put their money into the high-risk, high-yield private markets must earn an individual annual income over $200,000, or a combined $300,000 in shared annual income between spouses, as well as hold at least $1 million in assets, excluding one’s home.

The changes would also afford access to more institutional investors, including a so-called catch-all category for entities owning in excess of $5 million in investments.

Hey X, What are you looking for? An integrity promoter? so why late? GO THERE AND make sure your money worthy! Order there or inbox me for supreme Chance 📷 Thanks 📷 SPOTIFY spotifyonstagebkk2019

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

America’s Largest Private Companies 2019For 35 years, Forbes has tracked the ups and downs of America’s largest private companies. Take a look at this year's list:
Source: Forbes - 🏆 394. / 53 Read more »