· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiRemarks Before the Small Business Capital Formation Advisory Committee
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler questions whether the accredited investor definition still fits.
Problems raised
- Private offerings to accredited investors face few rules.
- The accredited investor definition may be outdated.
- Market transparency suffers.
Solutions proposed
- Review the accredited investor definition.
- Weigh which investors need registration protections.
- Keep market integrity in mind.