Monday, July 21, 2008 from 07:00 PM - 09:00 PM (PT)
Vista, CA
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Agenda
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A
term used by the Securities and Exchange Commission (SEC) under
Regulation D to refer to investors who are financially sophisticated
and have a reduced need for the protection provided by certain
government filings. Also known as "qualified purchaser". |
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In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following: 1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income. 2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse. 3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered. These investors are considered to be fully functional without all the restrictions of the SEC. |
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