Many expect the
Most notably, the SEC could vote to increase accredited and salary requirements of investors. Currently, they must have $1 million of investable assets, including the value of their home, and an annual salary of at least $200,000.
It’s possible the SEC may exclude a home’s value from that accredited requirement, while raising the minimum to $2 million, or perhaps even as high as $3 million.
In addition, the SEC might extend the antifraud obligations of fund advisors.