Back to News

Bill to Make Private Offerings Easier Has Momentum

Published on

November 9, 2017

The U.S. House of Representatives recently passed a bill directed at making private offerings easier.

The bill – the Fair Investment Opportunities for Professional Experts Act – now moves to the U.S. Senate Committee on Banking, Housing and Urban Affairs for consideration.

To make private offerings easier, the bill increases the number of individuals eligible as “accredited investors.” If the bill is passed, the new definition of an “accredited investor” would include anyone registered as a broker or investment adviser by the Securities and Exchange Commission and the Financial Industry Regulatory Authority. It would also include individuals with professional knowledge related to a particular investment, assuming job experience and education can be verified by FINRA or other equivalent authority. Expansion of the definition of an “accredited investor” is only going to make private offerings easier and allow entirely new groups of individuals to invest.

There is no vote scheduled in the Senate to date, however the bill has received significant bipartisan support and could move through the Senate rapidly.

If you have questions on this bill or the impact it could have on a potential private offering at your business, please contact me or any of the other attorneys in our Securities group.


Related News

View More News
Press Release
May 12, 2025

Barley Snyder Attorneys Rebecca Shanaman and Katelyn Rohrbaugh selected as Central Penn Business Journal’s Women of Influence Award Winners

For Immediate Release York, Pa. – Barley Snyder is proud to announce that attorney Rebecca M. Shanaman has been named ...

Learn More
News Alert
May 2, 2025

Delaware Centralizes Trade Name Registration: Mandatory Re-Registration for Corporations and LLCs Begins June 2, 2025

Effective June 2, 2025, corporations and LLCs that do business in Delaware under a trade name must re-register their current ...

Learn More
Press Release
April 29, 2025

Barley Snyder Celebrates 30 Years of Support for The High Center at 2025 Business Forum

For Immediate Release Lancaster, Pa. – Barley Snyder is proud to have been honored as a 30th Anniversary Sponsor at The Hi...

Learn More

Other Upcoming Events

View All Upcoming Events
Jun
03
7:30 am
-
12:00 pm
event
Location

Wake Up With Barley – A Morning on Real Estate 2025

Learn More

Get in Touch

Our attorneys, paralegals and staff look forward to hearing from you. Please reach out to let us know how we can help.

Get In Touch
RECOGNIZED IN
Super Lawyers
Best Law Firms US News
Best Lawyers