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You still need to be an accredited investor to take part in these potential general solicitation rounds (net worth above $1 million, minus primary residence, or
by Echo117 13y ago
You still need to be an accredited investor to take part in these potential general solicitation rounds (net worth above $1 million, minus primary residence, or annual income of more than $200,000), right?
- gbelote 13y agoYes
- wallio 13y agoThis article confusingly referred to "qualified" investors but according to other reporting it is actually "accredited" investors [1]. This is particularly confusing because "qualified purchasers" is an even higher standard required for some investments [2]. [1] http://www.reuters.com/article/2013/07/10/us-sec-advertising-idUSBRE9690I520130710 http://www.reuters.com/article/2013/07/10/us-sec-advertising... [2] http://globalfundexchange.com/about/230 http://globalfundexchange.com/about/230
- gbelote 13y agoGood catch, I've s/qualified/accredited. Thanks!