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If people have the financial resources, then they can be an investor. I do not understand why the government should subsidize investors, or give "'poor'" people
by peterhajas 14y ago
If people have the financial resources, then they can be an investor. I do not understand why the government should subsidize investors, or give "'poor'" people investing power.
- InclinedPlane 14y agoFrom your statement it doesn't seem as though you understand the law or the original poster's intent. There's nothing about subsidization here, only allowing people to use their own money how they wish. Currently investment is heavily regulated. If you want to own part of a business then there are a huge list of conditions which must be satisfied by you or by the business or both. Publicly traded companies, for example, are extensively regulated by the securities and exchange commission. Smaller, private companies however cannot seek investment from just anyone. In order to be an "angel investor", for example, you need to prove that you have maintained an annual income of over $200k for at least 2 years. Only within the last year has congress changed these laws, and those changes have yet to go into effect in practice. And even then the new changes limit the percentage of one's annual income anyone can invest in a "crowdfunded" company.
- peterhajas 14y agoWhoops, my apologies for misunderstanding. These investment regulations seem like poor ones, and should be removed. I'm totally in agreement here.