SEC Moves Toward Easing Accredited Investor Restrictions

SEC Commissioner Hester Peirce has backed efforts to broaden access to private-market investments as the agency considers easing accredited investor restrictions.
Peirce has criticized wealth-based investment gating and supported proposals that could allow more Americans to qualify through professional credentials or financial knowledge rather than relying primarily on income and net-worth thresholds.
The proposed changes could expand the pool of investors eligible to participate in private offerings.