• In a securities offering that is exempt from registration, an accredited investor (either a person or an entity) is not entitled to protection under the Act’s disclosure provisions, although the investor does keep its remedies for fraud. [Cases: Securities Regulation 18.11. C.J.S. Securities Regulation § 64.]
accredited investor
An investor treated under the Securities Act of 1933 as being knowledgeable and sophisticated about financial matters, esp. because of the investor’s large net worth.