The principal criteria for individual investor accreditation are the income and net worth
factors. The numerical thresholds have largely remained in place since their adoption in
1982, save for the addition of a household income threshold and the removal of the value of
one’s primary residence in the net worth calculation (see Section 1.2 above). The SEC will
no doubt revisit the existing thresholds in its upcoming report to Congress. In fact, the SEC
sought public comment on the net worth and income criteria, including adjusting their