SEC plans to 10x the definition of “accredited investor”

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SEC plans to 10x the definition of “accredited investor” (cryptoslate-com.cdn.ampproject.org)

Accredited Investor shit, if you've never heard of this, is absolutely disgusting. Basically locks most of the nation out of private capital markets unless you earn $200k a year or are worth $1M. Now they're raising the bar.

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[–] • 1 pt

This sounds like one of those policies that will really benefit middle income employed US citizens.

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