December 18, 2019
I am in favor of harmonizing/simplifying the various accredited investor rules to create an exemption for private funds for 1) "knowledgeable employees" of the adviser, 2) individuals maintaining the designations outlined in the proposed regulations (including series 7, CFA, CAIA, and CFP designations, and 3) any person who is advised by an SEC or state registered investment advisor or registered representative. Thank you for addressing this outdated regulation. Best regards, Chris -- Chris Lakumb, CFA, CAIA [redacted]