Pass a FINRA Test, Become an Accredited Investor—Maybe
Published Date: 11/3/2026
Notice
Summary
The SEC is considering letting people who pass a special test made by FINRA be recognized as accredited investors. This change would help more folks qualify to invest in certain private deals without needing tons of money. If approved, this could open doors for new investors starting sometime after the rule is finalized, with no direct costs to individuals but potential benefits for the investing community.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Pass FINRA Exam to Qualify
You could be recognized as an accredited investor if you pass a special exam developed by FINRA. That recognition would let you qualify to invest in certain private offerings without meeting high net-worth or income thresholds. If approved, the change would begin sometime after the SEC finalizes the rule, and the SEC states there would be no direct costs to individuals.
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