HR 3339
Passed a chamber
Directs the Securities and Exchange Commission to create a free certification exam that lets individuals qualify as accredited investors under Regulation D.
Official title: Equal Opportunity for All Investors Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
13-MAY-2025
Referred
13-MAY-2025
Approved by committee
20-MAY-2025
Reported
03-JUN-2025
On the calendar
03-JUN-2025
Passed
21-JUL-2025
Senate
Received
22-JUL-2025
- Requires the SEC to establish the examination within 1 year of enactment.
- Adds natural persons who pass the examination to the definition of accredited investor in Regulation D.
- Tests knowledge of security types, disclosure rules, corporate governance, financial statements, private investment risks, and conflicts of interest.
- Requires a registered national securities association to offer the examination free of charge, starting 180 days after the SEC establishes it.
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (13-MAY-2025); the text has changed since (Engrossed in House, 21-JUL-2025).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.govFinance and Financial Sector
■ 3 D■ 1 R
3 Democrats
1 Republican