,i #aae? ,,congress #a/ ,session ,h4 ,r4 #aehe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #af1 #bjag,mr4 ,s*weik]t 7= himself1 ,ms4 ,s9ema1 ,mr4 ,royce ( ,cali=nia1 ,mr4 ,hill1 ,mrs4 ,c>olyn ,b4 ,maloney ( ,new ,york1 ,mr4 ,yoho1 ,mr4 ,la,malfa1 ,mr4 ,hultgr51 ,mr4 ,got!im]1 ,mr4 ,davidson1 & ,mr4 ,polis7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to am5d ! ,securities ,act ( #aicc to codify c]ta9 qualifications ( individuals z accr$it$ inve/ors = purposes ( ! securities laws4 #a4 ,def9ition ( accr$it$ inve/or ,section #b7;a77#ae77;ii7 ( ! ,securities ,act ( #aicc 7#ae ,u4,s4,c4 #gg;b7a77#ae77;ii77 is am5d$ by /rik+ ! p]iod at ! end & ins]t+ ! foll[+3 1 & %all include-- 7,i7 any natural p]son ^: individual net wor?1 or jo9t net wor? ) t p]son's sp\se1 exce$s #a1jjj1jjj1 n includ+ ! value ( su* p]son's prim>y resid5ce own$ ei!r individually or jo9tly ) 8 or h] sp\se2 7,,ii7 any natural p]son :o _h an individual income 9 excess ( #bjj1jjj 9 ea* ( ! two mo/ rec5t ye>s or jo9t income ) t p]son's sp\se 9 excess ( #cjj1jjj 9 ea* ( ^? ye>s & has a reasonable expectation ( rea*+ ! same income level 9 ! curr5t ye>2 7,,iii7 any natural p]son :o holds a curr5t f9ancial s]vices-relat$ lic5se issu$ by a ,/ate2 & 7,,iv7 any natural p]son ! ,commission det]m9es1 by regulation1 to h demon/rable education or job exp]i5ce to qualify su* p]son z hav+ pr(essional k ( a subject relat$ to a p>ticul> inve/m5t1 & ^: education or job exp]i5ce is v]ifi$ by ! ,f9ancial ,indu/ry ,regulatory ,au?ority4 4