H.R. 3394: Fair Investment Opportunities for Professional Experts Act
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-05-14 |
| Sponsor | Rep. Hill, J. French [R-AR-2] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 3 |
| Latest action | 2025-06-24 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-13 |
Summary
Official summary (Introduced in House, 2025-05-14):
Fair Investment Opportunities for Professional Experts Act
This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.)
The bill also provides statutory authority for certain existing criteria for an accredited investor, including licensure or registration in good standing as a broker or investment adviser, specified annual salary, and specified net worth.
Further, the SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.
Cosponsors (3)
| Name | Party / state |
|---|---|
| Juan Vargas | D CA (original cosponsor) 2025-05-14 |
| Warren Davidson | R OH 2025-05-19 |
| Pete Sessions | R TX 2025-05-19 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 3394 are published by Congress on congress.gov.
View H.R. 3394 on congress.gov →
Frequently asked questions
What is H.R. 3394?
H.R. 3394 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Fair Investment Opportunities for Professional Experts Act.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 3394 are available on congress.gov.
Bill data: congress.gov API (official congressional records).