02/07/2023
https://congress.gov...
"Just because you are rich, that does not mean that you are in a good position to evaluate investments."
"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."
"The definition of a million dollars is a 1982 definition."
"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."