The relevant parts of the notice:
The Commission will consider whether to propose a new rule under the Securities Act of 1933 to revise the criteria for natural persons to be considered 'accredited investors' for purposes of investing in certain privately offered investment vehicles.
The Commission will consider whether to propose a new rule under the Investment Advisers Act of 1940 to prohibit advisers from making false or misleading statements to investors in certain pooled investment vehicles they manage, including hedge funds.
