What is the required annual income for a married couple to be considered an accredited investor under Regulation D?

Under Regulation D, a married couple must have a combined annual income of at least $300,000 for the previous two years and expect to maintain that income level in the current year to qualify as accredited investors. This requirement is designed to ensure that those who meet the income threshold have the financial capability to invest in unregistered securities, which may involve higher risk due to lack of regulatory oversight. In addition to the income criteria, the concept of accredited investors also includes the net worth of individuals, but in this case, the specific focus is on the annual income requirement for married couples. Thus, the answer of $300,000 accurately reflects the standard set forth in the regulation.