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S.3921
S.3921117th Congress·Introduced 2022-03-24

Is The Bill "Equal Opportunity for all Investors Act" Crypto Friendly?

Based on 1 published commentary, this bill is somewhat pro-crypto.

Somewhat Pro-Crypto
About this bill

This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission (SEC), a state securities commission, or certain self-regulatory organizations.

Official title: A bill to amend the Securities Act of 1933 to expand the definition of a qualifying accredited investor, and for other purposes.

Introduced
2022-03-24
Status
Introduced and Sponsored
Legislature
117th Congress
Stance on Crypto
Somewhat Pro-Crypto
From 1 published commentary

Scores reflect how a bill would affect crypto if enacted, from very anti-crypto to very pro-crypto, based on the commentary below.

Support in Congress
  • Sponsors1 Republican1
  • Cosponsors1 Republican1
Read the bill
Read on Congress.govView on GovTrack

Commentary

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DoTheySupportIt
Primary
marked this bill as
Somewhat Pro-Crypto

Accredited investor laws hold back Americans from being able to easily access and invest in digital assets.

Where Congress stands

Every member who has sponsored, cosponsored or voted on this bill. Click a name to see their full record on crypto.

Sponsors

1

1 Republican

  • Profile picture of Thom Tillis
    Thom Tillis
    Senator · NC

Cosponsors

1

1 Republican

  • Profile picture of Tim Scott
    Tim Scott
    Senator · SC