YANG

Interim Decision #2335 MATTER OF YANG In Section 245 Proceedings , A-195241450 Decided by Regional Commissioner December 4, 1974 The applicant for adjustment of status under section 245 of the Immigration and Ns- tionality Act sought exemption from the labor certification requirement of section 212(a)(14) of the Act as an investor, pursuant to 8 CFR 212.8(b)(4). The investor status was claimed on the basis of applicant's purchase of $10,000 in shares of common stock of his employer's company (less than 1/10 of 1% of the outstanding shares). The application is denied for the reasons that the…