ASA Applauds Introduction of Rep. Downing's Informed Investor Access Act to Expand Investment Opportunities

WASHINGTON – The American Securities Association (ASA) today applauded Rep. Troy Downing (MT-02) for introducing the Informed Investor Access Act, legislation to modernize the definition of an "accredited investor" and expand access to investment opportunities for Americans receiving professional financial advice. ASA's support was featured in Rep. Downing's official press release. 

"ASA applauds Rep. Downing for giving every American — not just the wealthy — the opportunity to participate in the American dream. The Informed Investor Access Act broadens investor access while preserving important investor protections that make our markets the strongest in the world," said ASA President and CEO Chris Iacovella.

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The American Securities Association (ASA) represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.