H.R.3394
Fair Investment Opportunities for Professional Experts Act: Expanding the Definition of Accredited Investor
Date of Vote: June 23, 2025
Chamber of Origin: HouseCongress: 119thRoll Call Number: 173 | Session Number: 1
H.R. 3394, the Fair Investment Opportunities for Professional Experts Act, amends the Securities Act of 1933 to broaden the definition of "accredited investor." The bill introduces new criteria based on income, professional licenses/registrations, and demonstrable education or job experience, while also revising how net worth is calculated by excluding primary residences as assets and specifying the treatment of mortgage debt. This legislation aims to expand access to investment opportunities for a wider range of individuals with financial expertise or means. The SEC is required to revise Regulation D to conform with these amendments within 180 days.1
Turning Point Action’s Position

Voted YEA
397VOTED NAY
12Voted yea
Voted nay
Not voting
Present
Abstaining

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