IPA President & CEO Advocates for Reform of "Accredited Investor" Definition in AltsWire
In a recent op-ed published by AltsWire, Anya Coverman, IPA President & CEO, calls for critical reforms to the U.S. Securities and Exchange Commission’s definition of "accredited investor." Coverman emphasizes that the current definition, which primarily considers an individual’s net worth or income, no longer reflects the complexities of today’s financial environment.
Highlighting the importance of capital formation and economic growth in 2025, Coverman argues that expanding the pool of accredited investors—while preserving essential protections—will enhance access to investment opportunities and promote innovation. She suggests that greater focus should be placed on an investor’s sophistication and experience, rather than solely on traditional financial criteria.
Coverman further points to bipartisan support in Congress for reform and expresses her commitment to working with the SEC and lawmakers to ensure that changes are made to benefit both investors and the broader U.S. economy.
For more insights, read Coverman’s full op-ed in AltsWire: https://altswire.com/accredited-investor-reform-the-time-is-now/