Wiley Nickel actually said...

"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."

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

"At the same time, we need to ensure that consumers and new investors are properly protected."

"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."