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What I'd like to see happen is a relaxation in the laws for private investing. I didn't know, but those with a net worth of $1-2.5 million had been burned in sc
by adrianwaj 17y ago
What I'd like to see happen is a relaxation in the laws for private investing. I didn't know, but those with a net worth of $1-2.5 million had been burned in scams, so accredited investor status may or will be raised in terms of net worth. I think the law should be changed so that at least 1 investor has to be accredited at the new level, but the rest do not. Or, one's required worth is contingent on what one actually plans to invest.