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HR 145 · in committee · significant

Risk Disclosure and Investor Attestation Act

What this bill does

  • This bill lets people invest in private securities by self-certifying they understand the risks, rather than meeting income or net worth requirements.
  • It affects individual investors and private securities companies offering unregistered investments.
  • The change takes effect upon enactment and removes financial barriers to private investment participation.

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Community Threads

Started by Cosponsor

  1. 01

    How might removing income and net worth requirements affect the types of investors who can lose money in private securities offerings?

  2. 02

    What evidence supports that self-certification alone adequately protects investors compared to existing financial qualification standards?

  3. 03

    Which private securities companies would benefit most from allowing broader investor participation through risk attestation?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-OH-8

Warren Davidson

Citizen cosponsors

0

In Congress

0/ 435

House Reps cosponsoring

Introduced 2025-01-03

Legislative timeline

  1. 2025-01-03 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-01-03 · IntroReferral

    Introduced in House

  3. 2025-01-03 · IntroReferral

    Introduced in House

Congress.gov ↗

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