June 19, 2019
Accredited investor laws need to be abolished. There is a wealth of information these days with the internet, so gaining proper information is much easier. These laws are just people holding back. Also, other countries have been disallowing US residents to participate in their fund raising because of these terrible laws. I personally couldn't participate in a UK investment just from being an American citizen, that would have made me 10x my original investment. I missed out on that opportunity because of our laws. It's terribly frustrating to be limited WITH MY OWN MONEY. Let people choose their own fate. Continue to prosecute scams to the fullest extent when they are found. Otherwise, let business thrive. The US is quickly falling behind the rest of the world and missing out on wealth generating opportunities.