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