entity · derived
Net worth test
Derived node: assembled mechanically from the claims carrying net-worth-test. A roster, not an adjudicated definition.
Every claim under this term
- 2337268-029 : The Dodd-Frank Act added an inflation adjustment to the qualified client standard, requiring the SEC to adjust any dollar amount test within one year of enactment and every five years thereafter.
- 2337268-030 : The SEC excludes the value of a primary residence and related debts from the qualified client net-worth test because persons who clear the threshold only by counting their home are less able to bear t
- 2337268-031 : Excluding the primary residence from the net-worth test removed a large population from qualified client status: SEC estimates suggest roughly 1.3 million households no longer qualify under the revise