Interested in purchasing Unregistered Securities?
New Security and Exchange Commission regulations prevent you from including your primary residence value as an Asset in the calculation. In the past, investors were allowed to count their principal residence value plus other investments and in the agregate mee the $1 million Net Worth thereshold.
Who are these Unregister Securities?
These securities may could be; hedge funds to derivatives and private debt. Generally, these instruments could be less transparent and risky than other publicly registered offerings. Because, they are highly leverage and risky these securities are only limited to oly acredited investors.
Why the change?
The Security and Exchange Commission (SEC) wants to define an accredited investor the same way is defined under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
(Source: SEC website, 2010 Dodd-Frank legislation.)
Revised wording on 12/26/2011.
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