Rep. Sarah McBride passed the Equal Opportunity for All Investors Act in the House, achieving this milestone without dissent. The legislation allows individuals to qualify as accredited investors based on financial knowledge rather than wealth, broadening access to private capital markets. Current rules restrict participation based on income and assets, excluding many potential investors. McBride aims to diversify funding access, benefiting entrepreneurs and small businesses who have traditionally faced barriers. The bill received bipartisan support, co-led by representatives from both parties, highlighting its broad appeal and importance.
The Equal Opportunity for All Investors Act passed the House unanimously, allowing individuals to qualify as accredited investors based on financial knowledge rather than wealth, expanding access to private capital markets.
Rep. Sarah McBride stated, 'Our bill will unlock capital for entrepreneurs and small business owners who've been left out for far too long,' emphasizing its importance for diverse business owners.
#sarah-mcbride #equal-opportunity-for-all-investors-act #lgbtq #trans-rights #bipartisan-legislation
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