Did the SEC make it easier for individuals to become Accredited Investors?
The Securities and Exchange Commission (SEC) approved plans to further open private markets or alternative assets to individual investors. Many investors are locked out of the best investments such as Hedge Funds, Private Equity, IPOs, private placement memorandums, etc. due to financial qualifications required by the SEC. Under current securities laws an individual must meet the financial criteria of an Accredited Investor. The current financial criteria is a net worth over $1 million (excluding your primary residence) or income over $200k (single) or $300k (married) in each of the prior two…
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