119th Congress
H.R. 3339
Equal Opportunity for All Investors Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Mike Flood(R-NE)
- Introduced
- May 13, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services; Senate Committee on Banking, Housing, and Urban Affairs
- Official text
- Referred in Senate · Congress.gov page
Cosponsors (4)
Original cosponsors (4)
- Cleo Fields (D-LA)
- Michael Lawler (R-NY)
- Sarah McBride (D-DE)
- Shri Thanedar (D-MI)
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Equal Opportunity for All Investors Act of 2025
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. The examination must
• be designed with an appropriate difficulty level such that an individual with financial sophistication or training would be unlikely to fail,
• include methods to determine competency and knowledge in certain areas such as the disclosure requirements of different securities, and
• be administered by a registered national securities association and offered free of charge to the public.
Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
Roll-call votes
No recorded votes on this bill.
Actions
- Jul 22, 2025 · Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Jul 21, 2025 · House
Motion to reconsider laid on the table Agreed to without objection. - Jul 21, 2025 · House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3506) - Jul 21, 2025 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 3339. - Jul 21, 2025 · House
Considered under suspension of the rules. (consideration: CR H3506-3508) - Jul 21, 2025 · House
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. - Jun 3, 2025 · House
Placed on the Union Calendar, Calendar No. 97. - Jun 3, 2025 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-127. - May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 2. - May 20, 2025
Committee Consideration and Mark-up Session Held - May 13, 2025 · House
Referred to the House Committee on Financial Services. - May 13, 2025
Introduced in House