Install
Equal Opportunity for All Investors Act of 2025
To require certification examinations for accredited investors, and for other purposes.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
Summary
Equal Opportunity for All Investors Act of 2025
This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.)
Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must
- be designed with an appropriate difficulty level such that an individual with financial sophistication or training would be unlikely to fail,
- include methods to determine competency and knowledge in certain areas such as the disclosure requirements of different securities, and
- be administered by a registered national securities association and offered free of charge to the public.
Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Jul 22, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jul 21, 2025 Motion to reconsider laid on the table Agreed to without objection.
- Jul 21, 2025 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
- Jul 21, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 3339.
- Jul 21, 2025 Considered under suspension of the rules. (consideration: CR H3506-3508)
- Jul 21, 2025 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- Jun 3, 2025 Placed on the Union Calendar, Calendar No. 97.
- Jun 3, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-127.
- May 20, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2.
- May 20, 2025 Committee Consideration and Mark-up Session Held
- May 13, 2025 Referred to the House Committee on Financial Services.
- May 13, 2025 Introduced in House
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