>>Free market apparently is only free if you have $10M lying around.
One of the SEC's 2020 amendments[1] to the expanded accredited investor definition was to include anybody with a FINRA Series 65 license[2], among other changes.
The Series 65 license is one of the few FINRA licenses that do not require sponsorship[3] and costs $187[4]. This low price of entry seems to be pretty accessible to most people if they have the desire to access riskier and/or more sophisticated gambling^Hinvestment opportunities.
One of the SEC's 2020 amendments[1] to the expanded accredited investor definition was to include anybody with a FINRA Series 65 license[2], among other changes.
The Series 65 license is one of the few FINRA licenses that do not require sponsorship[3] and costs $187[4]. This low price of entry seems to be pretty accessible to most people if they have the desire to access riskier and/or more sophisticated gambling^Hinvestment opportunities.
[1] https://www.sec.gov/corpfin/amendments-accredited-investor-d...
[2] https://www.finra.org/registration-exams-ce/qualification-ex...
[3] https://smartasset.com/financial-advisor/series-65
[4] https://www.nasaa.org/exams/exam-faqs/