Nah. It's in society's interest to keep confidence in the markets up, because that's how you maximize total resources available for investment and economic growth. That confidence requires vigorous protection of investors, including the ones that think they're too smart to need protection.
It's no coincidence that the US has strong enforcement and is also a top international destination for investment. If anything the SEC and the CFTC should be more vigorous, and I'm happy to pay to support them.
It's no coincidence that the US has strong enforcement and is also a top international destination for investment. If anything the SEC and the CFTC should be more vigorous, and I'm happy to pay to support them.
If you personally really are too smart to need protection, they broadened the accredited investor definition last year, so there are a variety of ways to meet it: https://www.investor.gov/introduction-investing/general-reso...