Bill

H.R. 3394 (119th): Fair Investment Opportunities for Professional Experts Act

Fair Investment Opportunities for Professional Experts Act This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.) The bill also provides statutory authority for certain existing criteria for an accredited investor, including licensure or registration in good standing as a broker or investment adviser, specified annual salary, and specified net worth. Further, the SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.

house · Substantive

Rankings updated October 26, 2026, 11:44 AM ET · Votes through September 30, 2026
Exported candidates: 719 | Filings on file, by office: H: 5838 | P: 1467 | S: 1567. These counts include every filing for that office, so they are larger than the ranked list. One person can have more than one filing. Non-voting delegates are left out.

Recorded summary

The bill expands the accredited investor definition, which governs eligibility for private securities offerings that are exempt from SEC registration. It would add individuals whom the SEC determines have qualifying professional knowledge from education or professional experience. It also gives statutory footing to existing criteria, including broker or investment adviser licensure or registration in good standing, a specified annual salary, and a specified net worth. The SEC would be directed to revise Regulation D's accredited investor definition to conform.

economic_fairnessfinancial_regulationinvestment_regulationsecurities

Theological note: The bill concerns access to private capital markets and the protection of ordinary investors, which bears on stewardship, honest commerce, and neighbor-love in economic dealings. It does not directly advance or restrain a named moral harm. Its moral weight depends on whether expanded access serves prudent opportunity without weakening protections for those who lack the means to bear investment losses.

How this bill is scored

Recorded votes

Roll 173 · 23-Jun-2025 7:02 PM · On Motion to Suspend the Rules and Pass, as Amended · Passed

Yea 397 · Nay 12 · Other 23

Yea

Nay

Other

All bills · Markdown