BREAKING 🚨
The SEC is poised to rewrite the definition of an accredited investor, opening eligibility beyond the traditional wealth test 🚀
The agency’s proposal would accept FINRA licensing exams, other industry certifications, and even certain professional designations as qualifying criteria, replacing the $1 million asset or $10 million income thresholds. Coinbase CEO Brian Armstrong lauds the move as a “huge step forward,” while critics warn it could dilute investor protections.
If adopted, the rule could flood private‑placement markets with new retail capital, reshaping fundraising dynamics and prompting a surge in tokenized securities offerings 📈
$GTC, $W , $GTC
The SEC is poised to rewrite the definition of an accredited investor, opening eligibility beyond the traditional wealth test 🚀
The agency’s proposal would accept FINRA licensing exams, other industry certifications, and even certain professional designations as qualifying criteria, replacing the $1 million asset or $10 million income thresholds. Coinbase CEO Brian Armstrong lauds the move as a “huge step forward,” while critics warn it could dilute investor protections.
If adopted, the rule could flood private‑placement markets with new retail capital, reshaping fundraising dynamics and prompting a surge in tokenized securities offerings 📈
$GTC, $W , $GTC