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An accredited investor is a person or institution that the Securities and Exchange Commission (SEC) defines as being qualified to invest in unregistered securities, such as privately held corporations, private equity investments, and hedge funds.
âaccredited investorâ means. 1  except in Ontario, a Canadian financial institution, or a Schedule III bank, 2  except in Ontario, the Business Development Bank of Canada incorporated under the. Business Development Bank of Canada Act (Canada),