Fair Investment Opportunities for Professional Experts Act (H.R. 3394)
Referred to CommitteeLatest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
6/24/2025 • Senate
Summary
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.
Introduced in House • 5/14/2025
Topics & Subjects
Related Federal Spending
Sponsor & Cosponsors (4)
Party Breakdown
Sponsor
Cosponsors (3)
Bill Journey
Originated in the House
Introduced
May 14, 2025
Committee Review
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 1.
Floor Debate
June 23, 2025
Passed Chamber
June 23, 2025
Other Chamber
President
Enacted into Law
Text Versions (4)
Committee Reports (1)
Committees
Details
Sources and method
· Congress.gov, CRS, House Clerk, USAspending, FEC, LDA · Record updated Jul 13, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Jul 13, 2026 · Loaded Nov 1, 2026, 4:07 PM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in House” version, May 14, 2025 · Loaded Nov 1, 2026, 4:07 PM ET
- House roll-call votesOffice of the Clerk, U.S. House of RepresentativesRoll-call results on this billLatest roll call Jun 23, 2025 · Loaded Nov 1, 2026, 4:07 PM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
AI-written text on this page is labeled where it appears. It is written from the sources above and is not a source itself. How we analyze data →
Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.