Document Type

Paper

Publication Date

2015

Keywords

Federal securities laws, accredited investor, investors protection

Abstract

This testimony discusses proposed legislation to amend the definition of accredited investor. It also discusses proposed legislation designed to reform the regulatory framework for business development companies. Among other things, the regulatory regime for BDCs would change to allow these companies to invest a greater portion of their assets in financial companies, potentially reducing the percentage of assets invested in operating companies.

Included in

Law Commons

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