Yes, but someone with $1M in investable capital will almost certainly have a lawyer and they will not be easily taken advantage of. I don't think you can requir

Yes, but someone with $1M in investable capital will almost certainly have a lawyer and they will not be easily taken advantage of. I don't think you can require a lawyer per se in this country. I didn't come up with this myself - that's what Robert Shiller (of Case-Shiller index fame) says in his economics course, which I did take.