Following a requirement of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Securities and Exchange Commission (SEC) will consider whether to raise the income and net worth requirements for accredited investors later this year. Some advocacy groups think the current levels are too low to protect investors from fraud and risk of loss and are pushing for an increase.
To read the original article: Don’t Raise the Accredited Investor Threshold; Change the Approach
