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This is a wonderful change. Before, you had to be rich to invest in funds. Now, the SEC has opened up the ability to participate simply after having met certain
by tathougies 6y ago
This is a wonderful change. Before, you had to be rich to invest in funds. Now, the SEC has opened up the ability to participate simply after having met certain educational thresholds. The Series 65 exam can be undertaken by members of the public, without any requirements.
Great news for small investors! And a vital change for minority and marginalized communities, who are often forced to seek capital outside their community, because it is incredibly difficult to meet accredited investor requirements otherwise.