The SEC is taking a whack at broadening the definition of accredited investor, though proposed rules don't broaden in a way that most natural people working in tech will be that interested in. https://www.sec.gov/news/press-release/2019-265 … They're soliciting comments.
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I agree as to the effective reasonableness. I was curious as to their stated intents. I would have thought if anything, moving liquidity from the public markets to private investments would be the bigger concern if significant private investments became popular and accessible.
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Though even that seems like a stretch.
End of conversation
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