Re:SEC due to review the definition of accredited investor
by gojomo on Monday July 07, 2014 @04:58PM
(#8001366)
Given that there's been...
• …an immense explosion in available knowledge; and…
• …many new ways for non-accredited investors to invest and lose all their money in highly-leveraged public equities, real-estate, foreign-exchange, and other vehicles; and…
• …no appreciable complaints from existing accredited investors that they wish they'd been prevented from investing their own money in private equities;
...thus the SEC must be looking into reducing the thresholds, in the spirit of the JOBS Act, to let more Americans invest in innovative upstarts? Right? Right?
• …an immense explosion in available knowledge; and…
• …many new ways for non-accredited investors to invest and lose all their money in highly-leveraged public equities, real-estate, foreign-exchange, and other vehicles; and…
• …no appreciable complaints from existing accredited investors that they wish they'd been prevented from investing their own money in private equities;
...thus the SEC must be looking into reducing the thresholds, in the spirit of the JOBS Act, to let more Americans invest in innovative upstarts? Right? Right?