Amendment increases the exception from SEC registration to 2,000 investors, provided that no more than 500 are not accredited investors.

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Amendment Number
979
Description
Amendment increases the exception from SEC registration to 2,000 investors, provided that no more than 500 are not accredited investors.
Purpose
An amendment numbered 12 printed in House Report 112-409 to increase the total number of investors and limit the number of non-accredited investors allowed to be holders of record before registration is required.
Congress
112
Type
HAMDT
Latest Action Date
Mar 8, 2012
Latest Action Text
On agreeing to the Miller (NC) amendment (A012) Agreed to by voice vote.
Latest Action Time
10:32:57
Submitted Date
Mar 8, 2012
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 979 — Informed