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Hearing: Sophistication or Discrimination: How the Accredited Investor Definition Unfairly Limits Investment Access for the Non-wealthy and the Need for Reform

Subcommittee on Capital Markets (Committee on Financial Services)

Wednesday, February 8, 2023 (10:00 AM)

2220 RHOB
Washington, D.C.

Witnesses

Mr. Eli Velasquez
Founder & Managing Partner, Investors of Color Network

Added 02/03/2023 at 04:59 PM

Ms. Omi Bell
Founder, Black Girl Ventures

Added 02/03/2023 at 04:59 PM

Mr. David Olivencia
CEO & Co-Founder, Angeles Investors

Added 02/03/2023 at 04:59 PM

Ms. Jennifer Schulp
Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

Added 02/03/2023 at 04:59 PM

Ms. Gina-Gail Fletcher
Professor of Law, Duke University

Added 02/03/2023 at 06:22 PM

the “Fair Investment Opportunities for Professional Experts Act” [PDF] Added 02/03/2023 at 04:59 PM
the “Equal Opportunity for All Investors Act of 2023” [PDF] Added 02/03/2023 at 04:59 PM
the “Accredited Investor Definition Review Act” [PDF] Added 02/03/2023 at 04:59 PM
the “Accredited Investor Self-Certification Act” [PDF] Added 02/03/2023 at 04:59 PM
the “Investment Opportunity Expansion Act” [PDF] Added 02/03/2023 at 04:59 PM
H.R.___, a bill to amend the definition of an accredited investor to include individuals receiving advice from certain professionals, and for other purposes. [PDF] Added 02/03/2023 at 04:59 PM
the “Increasing Investor Opportunities Act” [PDF] Added 02/03/2023 at 04:59 PM
the “Gig Worker Equity Compensation Act” [PDF] Added 02/03/2023 at 04:59 PM

Hearing Notice [PDF]
Memorandum [PDF] [PDF] Added 02/03/2023 at 04:59 PM Updated 02/08/2023 at 04:26 PM

First Published: February 1, 2023 at 07:23 PM
Last Updated: February 8, 2023 at 04:26 PM