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S.3921

Is The Bill "Equal Opportunity for all Investors Act" Crypto Friendly?

Description:

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 (SEC), a state securities commission, or certain self-regulatory organizations.

Date Introduced:

2022-03-24

Status:

Introduced and Sponsored

Stance on Crypto:

Somewhat Pro-Crypto

Links:

  • https://www.congress.gov/bill/117th-congress/senate-bill/3921
  • https://www.govtrack.us/congress/bills/117/s3921

Primary Commentary:
Add Bill Commentary

Accredited investor laws hold back Americans from being able to easily access and invest in digital assets.

Congress members who support this bill

Sponsors

Profile picture of Thom Tillis
Thom Tillis

Cosponsors

Profile picture of Tim Scott
Tim Scott

Additional Commentary

No additional commentary for this bill yet