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ICAN Files Landmark Lawsuit Against SEC’s Wealth-Based Investor Rule
The Investor Choice Advocates Network (ICAN), a nonprofit public interest law firm, announced today the filing of a major constitutional challenge to the Securities and Exchange Commission’s “accredited investor” rule. The case spotlights two plaintiffs whose stories underscore how this arbitrary wealth and income test harms both inveopportunity for the wealthy
Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed
Nicolas Morgan
Sep 84 min read


ICAN Applauds House Passage of H.R. 3339, the Equal Opportunity for All Investors Act of 2025
ICAN Applauds House Passage of H.R. 3339, the Equal Opportunity for All Investors Act of 2025
Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed reform, ICAN warns.
Nicolas Morgan
Jul 223 min read


ICAN Flags H.R. 3394 as a Step Backwards for the Accredited Investor Rule
ICAN Flags H.R. 3394 as a Step Backwards for the Accredited Investor Rule
Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed reform, ICAN warns.
Nicolas Morgan
Jul 213 min read


ICAN Gives SEC Opportunity to Correct Misrepresentation to 2nd Circuit
ICAN Halts SEC's Attempt to Erode Supreme Court Precedent
Federal Court in Massachusetts Rejects SEC's "Due Process Tax" Against Innocent Individual
Nicolas Morgan
Apr 293 min read
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