Tell the SEC to Update Its Definition of “Accredited Investor”

By Adam Sharp Equity crowdfunding is still a very young industry in the U.S. It’s been live to the general public only since May 2016.
That’s when “Regulation Crowdfunding” (Reg CF) went into effect. For the first time, all investors had the chance to invest in private startup companies. Prior to this, only accredited investors were able to invest in these types of deals (with a few exceptions). The Securities and Exchange Commission (SEC) currently defines an accredited investor as someone who has made more than $200,000 per year for the last two years ($300,000 as a couple) or has a net worth of …read more

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