:What is the effect of the SEC's expansion of the definition of an "accredited investor"?

1. Busch v. Carpenter, 827 F.2d 653 (10th Cir. 1987) 2. SEC v. Ralston Purina Co., 346 U.S. 119 (1953)

3. LEXIS Practical Guidance, Section 3 Exemptions from Securities Act Registration Checklist

4. LEXIS Practical Guidance, Section 4 Exemptions from Securities Act Registration Checklist

5. Westlaw Practical Guidance, Rule 152: Integration Framework for Exempt and Registered Offerings

6. Adam Fleisher, Jeffrey Karpf, and Leslie N. Silverman, SEC Harmonizes Regulation and Improves Access to Capital in Private Markets, Harvard Forum on Corporate Governance (December, 8, 2020)

7. Jessica Forbes, Stacey Song and Joanna Rosenberg, SEC Expands Definition of "Accredited Investor," Harvard Forum on Corporate Governance (Sept. 18, 2020)

8. Ramey Layne, Brenda Lenahan, and Sarah Morgan, Update on Special Purpose Acquisition Companies, Harvard Forum on Corporate Governance (August 17, 2020)

OPTIONAL:

1. SEC, Final Rule: Facilitating Capital Formation and Expanding Investment Opportunity by Improving Access to Capital in Private Markets Final Rule: Facilitating Capital Formation and Expanding Investment Opportunity by Improving Access to Capital in Private Markets - Alternative Formats (November 2020), pp.9-16

2. Bradley Berman, Gonzalo Go & Anna T. Pinedo, Bad Actor Disqualification Provisions of Regulation A, Regulation CF and Regulation D Bad Actor Disqualification Provisions of Regulation A, Regulation CF and Regulation D - Alternative Formats (June 2, 2021)

3. LEXIS Practical Guidance, Regulation D, Regulation A+,, and Regulation Crowdfunding Requirements Chart

4. Westlaw Practical Guidance, Section 4(a)(2) and Regulation D Private Placements

5. Westlaw Practical Guidance, Crowdfunding Offerings Under Section 4(a)(6)

6. LEXIS Practical Guide, Regulation A Plus

7. Mary Jo White, New Ways for Financing of Small and Medium Enterprises and the Challenges of Crowdfunding,Opening Remarks for IPSCO Panel 1 Lima, Peru (May 11, 2016)

8. Volodymyr Babich, Simone Marinesi, Gerry Tsoukalas, Updating the Crowdfunding Narrative, Wharton Public Policy Initiative (July 2019)

9. SEC, Facilitating Capital Formation and Expanding Investment Opportunity by Improving Access to Capital in Private Markets

10. SEC, Press Release SEC Harmonizes and Improves "Patchwork" Exempt Offering Framework(2020)

Answer rating: 100% (QA)

ANSWER The effect of the SECs expansion of the definition of an accredited investor is significant in the context of securities regulation and private ... View the full answer