Accreditation Verification
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      What are the AI Request Statuses and what do they mean?

      There are several AI Request Statuses. The following statuses and breakdown are listed.

      • Approved: Investor has been approved as accredited
      • Pending - The AI request has been submitted and is awaiting review
      • Rejected: A "Rejected" status is assigned when it has been determined that the investor is not accredited and the request is no longer moving forward for review.
      • Need More Info - The review has been completed and additional information is needed (i.e., investor uploaded 2019 and 2020 W2s, instead of 2020 and 2021)
      • Updated Letter Requested - You will update to this status when a review needs to be performed a second time on an investor account that had been reviewed at a previous date. This is usually done if the accreditation check was completed over 90 days ago.
      • New Info Added - You will update to this status after the status has been updated to "More Info Needed" you can test this in the sandbox using the instructions provided here.
      • New Letter Requested - Same as "New Info Added" status.