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
Let us get back to a granular level where people actually understand what the Census is for.
I agree, it is onerous and it asks way too many questions, but, you know, we can work on that and make it better.
When you compare the old films of the Gestapo grabbing people off the streets of Poland, and you compare them to those nondescript thugs… it does look like a Gestapo operation.
There are trillions of dollars in Federal money that depends on the count of the Census.