Accredited investor rules exist so that your average person isn’t scammed into penury from a fraudulent investment.
Accredited investors suck at due diligence as is, and Joe Everyman can barely understand their own bank statement, so those rules exist to prevent them from getting raked by extremely questionable investment offers.
Accredited investors suck at due diligence as is, and Joe Everyman can barely understand their own bank statement, so those rules exist to prevent them from getting raked by extremely questionable investment offers.