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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

The titles of the hearings that we are holding today imply that every investor protection is a barrier.

congress.gov
Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

According to the SEC's rulemaking agenda, Chairman Gensler intends to amend the accredited investor definition by increasing the annual-income and net-worth thresholds.

congress.gov
Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

Investor protection not only protects investors, it is necessary for the business economy as a whole that is seeking investment.

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Greg Murphy
@gregmurphy· Republican · NC· Feb 7, 2023

It is not a Republican problem. It is not a Democrat problem. It is an American problem.

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Virginia Foxx
@virginiafoxx· Republican · NC· Feb 7, 2023

It is time for the education complex to understand that children belong to their parents, not the state.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

I think it is time for us to reevaluate the definition of an accredited investor and ensure that it serves its intended purpose of protecting investors rather than excluding them.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

We need to have a democratized approach to this to benefit more people.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

Chair Gensler is too busy trying to change the SEC into the, 'Securities and Environment Commission,' rather than its capital formation and investor protection role.

congress.gov
Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

We could do is change the definition of, 'accredited investor,' to the following standards: someone who is investing less than 5 percent of their net worth in a particular investment.

congress.gov
Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

I welcome the efforts by our Chair and this subcommittee to enhance capital formation and remove roadblocks.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

We need the right blend of investor protection and securities regulation on the one hand, and access to capital and access to investments on the other.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

The fact is, we need the right blend of investor protection and securities regulation on the one hand, and access to capital and access to investments on the other.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

In the presence of good investor protection, you get more capital invested in the markets.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

Just because you are rich, that does not mean that you are in a good position to evaluate investments.

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Wiley Nickel
@wileynickel· Democratic · NC· Feb 7, 2023

The definition of a million dollars is a 1982 definition.

congress.gov
Virginia Foxx
@virginiafoxx· Republican · NC· Feb 7, 2023

We have a responsibility to protect the interest of taxpayers and ensure that students are receiving a high-quality education.

congress.gov
Deborah Koff Ross
@deborahkoffross· Democratic · NC· Feb 6, 2023

Madam Speaker, I am prepared to close, and I yield myself the balance of my time. Madam Speaker, again, I thank Chairman Lucas for his leadership and my colleague, Congressman Carey, for his support of this. We have worked very closely…

Congressional Record · 2023-02-06