Global DCA Proposal to SEC on Amending the definition of “Accredited Investor”

Global DCA Proposal to SEC on Amending the definition of “Accredited Investor”

“…amending the “accredited investor” definition to more broadly permit professionally qualified or industry certified individuals to participate may better protect investors and the public interest. When investors are well-informed and capable of making sound investment decisions, they are better able to allocate their resources in the market, ensure sound investment decision-making, and contribute to financial sector and economic growth. As such, the benefits of better educated and qualified individuals participating in investment activities may not only provide additional protection to the investors themselves, but may benefit the overall stability of the financial system as well as the broader economy.” – Global DCA.

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