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They're not going to do something like drivers license or a test. Right now being an "accredited" investor is solely based on wealth. Sometimes on a broker webs
by DwnVoteHoneyPot 4y ago
They're not going to do something like drivers license or a test. Right now being an "accredited" investor is solely based on wealth. Sometimes on a broker website you click a multiple choice questionnaire that says "are you sophisticated: yes or no". It's a broken system that's not going to change. Extending it is a bad idea. Nanny states are bad idea.