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by wpietri
1514 days ago
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I think the theory with having that much money is that either you have the knowledge or you can afford to hire someone who has it. It's true that the Series 65 is more than one would need for solo investing. But the alternative was for them to come up with some sort of new test for the very small number of people who want to get into opaque, illiquid, high-risk investments. This seems like a pretty reasonable compromise. |
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