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A comment on The SEC “Modernizes” the Accredited Investor Definition. Parent comment

Re:The SEC “Modernizes” the Accredited Investor Definition by MR4D on Friday November 20, 2020 @08:56PM (#25167290)
No, it’s not about bad investing decisions. It’s about prevent bad actors perpetrating fraud on unsuspecting victims.

Bad investing decisions have always and will always be allowed.

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