#aaeth ,,congress  #ast ,session  ,h4   
,r4 #cigb  ,,an ,,act  ,to clarify that 
family offices and family clients are   
accredited investors1 and for other     
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,family ,office     
,technical ,correction ,act of #bjag4   
#b4 ,accredited investor clarification  
7a7 ,in ,general ,subject to subsection 
7b71 any family office or a family      
client of a family office1 as defined in
 section #bge4bjb7;a77#aa77;,g7-#a of   
title #ag1 ,code of ,federal            
,regulations1 shall be deemed to be an  
accredited investor1 as defined in      
,regulation ,d of the ,securities and   
,exchange ,commission 7or any successor 
thereto7 under the ,securities ,act of  
#aicc4  7b7 ,limitation ,subsection 7a7 
only applies to a family office with    
assets under management in excess of    
#e1jjj1jjj1 and a family office or a    
family client not formed for the        
specific purpose of acquiring the       
securities offered1 and whose purchase  

is directed by a person who has such    
knowledge and experience in financial   
and business matters that such person is
 capable of evaluating the merits and   
risks of the prospective investment4    
,passed the ,house of ,representatives  
,october #bd1 #bjag4;,clerk4