H.R. 3394 — 119th Congress
Fair Investment Opportunities for Professional Experts Act
Sponsor
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Latest action
Jun 24, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS summary
As of May 14, 2025Introduced in House
Fair Investment Opportunities for Professional Experts Act
This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.)
The bill also provides statutory authority for certain existing criteria for an accredited investor, including licensure or registration in good standing as a broker or investment adviser, specified annual salary, and specified net worth.
Further, the SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.
Congressional Research Service, via api.congress.gov (public domain)
Roll-call votes
1 on recordJun 23, 2025 · On Motion to Suspend the Rules and Pass, as Amended
Full roll callYea — 397: 210 R · 186 D · 1 I
Nay — 12: 12 D
Not Voting — 23: 14 D · 9 R
Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.