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HR 145 119th Congress House Finance and Financial Sector Business investment and capital Financial services and investments Securities

Risk Disclosure and Investor Attestation Act

Introduced: January 3, 2025 Introduced by: Davidson, Warren Republican · Ohio See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 2025
Referred to the House Committee on Financial Services.
Jan 3, 2025
Introduced in House
 Plain-English summary Congressional Research Service

Risk Disclosure and Investor Attestation Act

This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors.

Specifically, the bill allows an individual to qualify by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.

What's happening now January 3, 2025

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1