Federal Register #2026-20307

SEC seeks comment on FINRA Series 79, 86, and 87 licenses for accredited investor status

The Securities and Exchange Commission (SEC) is seeking public comment on possible changes to its accredited investor rules. - Government buyer: SEC; this is a regulatory notice, not a procurement opportunity. - Credentials under consideration: Whether each FINRA license could independently qualify a natural person for accredited investor status: - Series 79 Investment Banking Representative license - Series 86 Research Analyst license - Series 87 Research Analyst license - OEMs and vendors: None identified. FINRA is mentioned as the licensing organization, not as a vendor. - Products, services, quantities, and part numbers: None requested.

Description

The Securities and Exchange Commission is considering whether to issue an order designating the Investment Banking Representative license (Series 79) and the Research Analyst license (Series 86 and Series 87) as independently qualifying natural persons for accredited investor status. The notice requests public comment on these potential designations. Comments are due December 4, 2026.

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