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Requires the Securities and Exchange Commission to create a certification exam that lets a natural person qualify as an “accredited investor” by passing the test. The SEC must set up the exam within one year of enactment and a registered national securities association must make the exam available to the public for free within 180 days after the SEC creates it.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506)
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced May 13, 2025 by Mike Flood · Last progress 7 months ago