Changing the Definition of “Accredited Investor” and What That Means to the Innovation Economy

The proposed SEC rule change is also important for startups and new investors in the market because having a new, clearer set of guidelines from the SEC would make it easier for company founders to decide how to file when raising capital and for investors, accredited and non-accredited, to know what sort of offerings they may participate in and what to expect.

Dagan Bora