Non-Accredited Investor

A Non-Accredited Investor is an investor who does not meet the requirements of Rule 501 of Regulation D of the SEC. In other words, the investor either does not have a high enough net worth or income to be deemed an accredited investor. This designation is important because there are limits to the number of Non-Accredited Investors that can be included in a financing, or certain information requirements are triggered in financings involving non-accredited investors.