Maryland A.G. Frosh Opposes SEC Proposal to Expand Accredited Investor Definition, Reduce Investor Protections
March 18, 2020
March 18, 2020
BALTIMORE, Maryland, March 18 -- Maryland Attorney General Brian E. Frosh issued the following news release:
Maryland Attorney General Brian E. Frosh joined a multistate coalition of 11 attorneys general in filing a comment letter objecting to the Securities and Exchange Commission's (SEC) proposed rule that would significantly diminish protections for individual investors. The rule would expand the SEC's definition of "accredited investors" to include an increased number . . .
Maryland Attorney General Brian E. Frosh joined a multistate coalition of 11 attorneys general in filing a comment letter objecting to the Securities and Exchange Commission's (SEC) proposed rule that would significantly diminish protections for individual investors. The rule would expand the SEC's definition of "accredited investors" to include an increased number . . .