Q. I am trying to participate in a private investment deal and was told I need to be an "accredited investor". What is that?
A. An "Accredited Investor" as defined by the SEC is as follows:
A. An "Accredited Investor" as defined by the SEC is as follows:
- Individual income is $200,000 or more (or $300,000 with a spouse) and has been at this level for at least the past two years, and reasonably expected to be so this year OR
- Have a net worth of $1,000,000 or more, OR
- Meet other criteria listed on the official SEC definition of accredited investor
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