[rolltiide]

Proposal comments to post: all current and former FINRA and NASD license holders should be eligible as accredited.

A new unsponsored FINRA test for this specific purpose should be created as well (doesnt need to be in a federal proposal, just what can happen)

Finance and econ degree holders eligible too

I think this still sets the bar too high. There needs to be some way to opt out of the paternalism and take a chance in the securities market.

People are going to lose their shirts, just add a little disclaimer just like in public markets and on gambling posters.

Sometimes this will be an efficient allocation of capital for issuers that VCs dont share affinity for.