April 23, 2007
I am against the current proposal. I believe that the definition of accredited investors should not be revised upward. It is important that all citizens have equal availability to various investment opportunities. In addition, I do not believe that many of the investments are any more complicated or confusing that what the majority of the population has to invest in currently. I would strongly advise discussions and debate on this topic to obtain alternate views. Again, I oppose tightening of the definition of accredited investors.