top of page

House passes my bill to strengthen SW MI economy

I am happy to share with you that my legislation to strengthen opportunity, investment, and small business across Southwest Michigan passed the U.S. House unanimously last week! The current definition used by the Securities and Exchange Commission (SEC) to identify “accredited investors” is outdated. It is solely and wrongly based on a person’s wealth or, more specifically, on their net income. This antiquated view limits funding for small business startups and shuts everyday Americans out of our capital markets. You shouldn’t have to be a millionaire to be an accredited investor, which is why I introduced H.R. 1579, the Accredited Investor Definition Review Act.

Want to read more?

Subscribe to to keep reading this exclusive post.


Related Posts

See All

Karl's Kolumn

THE WINNER IS… Congratulations to Chana Kniebes, this year’s Tri-City Record Best Mom contest winner. And, thank you to all family and friends who nominated their Best Mom. See the photo and story on

Stopping the fentanyl flow

Last week, the Michigan House of Representatives passed HR 254 which declared May 7-13 as Fentanyl Awareness Week in the state of Michigan.

Protecting yourself from QR code fraud

Quick Response codes, better known as QR codes, are a very popular way to get information. QR codes are scannable barcodes that will direct you to a website. However, scammers can create QR codes to t


Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page