On the recordFebruary 7, 2023
The accredited investor definition has been found to be discriminatory towards underrepresented investors and a barrier to capital formation for minority-owned entrepreneurs.
Source
congress.govThe accredited investor definition has been found to be discriminatory towards underrepresented investors and a barrier to capital formation for minority-owned entrepreneurs.
Lynch discusses the discriminatory nature of the accredited investor definition.
Share
More from Steve Lynch
Would it be better, would it be more efficient if we looked at a...broader disaster insurance program?
I agree, it is onerous and it asks way too many questions, but, you know, we can work on that and make it better.
the next President will appoint the FDIC Chair that we are questioning the conduct of today.