3 ms·
Do you have to file some paperwork to be officially accredited, or is simply meeting the wealth or income criteria sufficient?
by aneesh 18y ago
Do you have to file some paperwork to be officially accredited, or is simply meeting the wealth or income criteria sufficient?
- alain94040 18y agoThe precise definition is at http://www.sec.gov/answers/accred.htm http://www.sec.gov/answers/accred.htm Either you are, or you are not. There is no paperwork or exam (is that constitutional to seggregate based on wealth?) For most individuals, the requirement is: a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 or a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million