An investor with a certain level of income or net worth who is able to participate in a private placement of securities under SEC guidelines.
The most common criteria for an accredited investor include:
However, you don’t have to be a millionaire to be an accredited investor. On August 26, 2020, the SEC amended its qualifications and can now qualify you as an accredited investor if you are a holder in good standing of the Series 7, Series 65, or Series 82 licenses.