4 ms·

Accredited investing requirements are to keep non-experts or people without money to lose from being swindled by companies which aren't required to be transpare

Accredited investing requirements are to keep non-experts or people without money to lose from being swindled by companies which aren't required to be transparent with their financials.

TheColorYellow 5y ago
Public companies swindle quite often, and usually with more catastrophic results. When are we going to admit that the current rules are no longer working?
- Goronmon 5y ago
  So then you agree that accredited investing requirements aren't the problem?
- FabHK 5y ago
  So, given that companies swindle with catastrophic results, you're suggesting to have fewer rules and regulations? Less enforcement and oversight?