June 7, 2011
SEC Proposes Rules Modifying the Net Worth Standard for ‘Accredited Investors’
By Samantha H. Eldredge and Jeffrey T. Hartlin, Paul, Hastings, Janofsky & Walker
Reg D’s amendment to the definition of “accredited investor” pursuant to the Dodd-Frank Act is likely to reduce the number of persons who qualify as accredited investors under the federal securities laws and may consequently change the landscape for private placement financings...
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