Amendment increases the exception from SEC registration to 2,000 investors, provided that no more than 500 are not accredited investors.

Purpose:

An amendment numbered 12 printed in House Report 112-409 to increase the total number of investors and limit the number of non-accredited investors allowed to be holders of record before registration is required.

House Amendment Code:

(A012)

House Tally Clerks use this code to manage amendment information.