US Treasury Yields Near 5% as Oil Fuels Inflation Fears 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
Houthis Escalate Saudi Attacks as Red Sea Oil Risks Grow 
Oil Prices Surge as Houthi Attacks Deepen Hormuz Supply Fears 
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise 
Asian Stocks Fall as AI Fears and Oil Surge Hit Markets 
Saudi Oil Exports Face 4% Global Supply Threat as Pipeline Remains Shut 
Asian Bank Stocks Slide as BofA Warning and Rising Yields Hit Sentiment 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
China Home Prices Fall Again as Property Slump Drags on Growth 
Central Banks Could Buy 20,000 Tonnes of Gold: BofA 
Treasury Buyback Fails to Cool Long-Term Yields 
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets 
UK Businesses Urge Government to Cut Electricity Levies 
Add as a preferred source on Google
The US Securities and Exchange Commission broadened the definition of an accredited investor to allow more Americans to buy shares in private companies while easing some company disclosure rules.
The new definition added a test of the investor’s sophistication “based on professional knowledge, experience, or certifications, ” rather than basing it largely on income and wealth.
The SEC said the new definition was aimed at individuals, such as hedge fund employees or brokers, who are knowledgeable about private offerings but would not have qualified under the previous definition.
The agency added that it hopes the changes will boost retail investors’ access to the swelling pool of companies that are staying private for longer.
Family offices with at least $5 million in assets also fall under the new definition, making it easier for residents of Native American reservations and foreign nationals to qualify as accredited investors.
The director of investor protection at Consumer Federation of America, Barbara Roper, criticized the definition had for being too liberal, allowing private issuers to sell products to those who are not financially sophisticated to value those securities.
The SEC also eased rules on how public companies disclose legal proceedings and risks to eliminate repetitiveness and make the information more accessible.
