; (bb) the basic components of a financial statement; (cc) the material investment risk associated with the investment; and (dd) any other factor that the Commission determines will serve the public interest and protect investors; and (ii) determine the period of time during which an accredited investor shall retain such status. . (b) Regulations The Securities and Exchange Commission shall revise the definition of accredited investor under section 230.501 of title 17, Code of Federal Regulations, to conform with the amendment made by subsection (a).