Comment Comment by summer_steven > Accredited investors requirement is what allows one not to be a subject to Blue Sky laws.You think its a fair trade to lock 95% of Americans out of the investment market in order to protect the elderly?New law: accredited investing means passing a 1 week course to obtain an investment license, which must be renewed bianually.Now we can keep Grandma Suzy safe (because she hasn't passed the class) without locking 95% of Americans out of the investment market. parent summer_steven 9 years ago
You think its a fair trade to lock 95% of Americans out of the investment market in order to protect the elderly?
New law: accredited investing means passing a 1 week course to obtain an investment license, which must be renewed bianually.
Now we can keep Grandma Suzy safe (because she hasn't passed the class) without locking 95% of Americans out of the investment market.