"The accredited investor rules in USA seem draconian" Think carefully about what the word "draconian" means. There is no organization that is responsible for t

"The accredited investor rules in USA seem draconian" Think carefully about what the word "draconian" means. There is no organization that is responsible for tracking or allowing membership in the club of "accredited investors." This article suggests 1 in 10 USA households meets the definition: https://dqydj.com/accredited-investors-in-america/ https://dqydj.com/accredited-investors-in-america/ Look around on Google and you will find many different estimates. Since there is no central organization that actually tracks this number, it is impossible to point to an official number. If an unaccredited investor invests in a small startup, there is no penalty for the investor. Because of that, I would not use the word "draconian."