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Dodd-Frank and the SEC

This topic contains 4 replies, has 0 voices, and was last updated by Avatar of unclejim unclejim 7 years, 7 months ago.

Viewing 6 posts - 1 through 6 (of 6 total)
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  • #6895
    Avatar of unclejim
    unclejim
    Participant

    Something has changed!! In the last day or two the SEC has revised what it means to be a “qualified” investor. And this seems to have far reaching ‘positive’ implications for NARS PACTrust.

    What do you know about this?

    #34057
    Avatar of buzzbox
    buzzbox
    Participant

    The previous revision to “Accredited or Qualified” definition, basically stripped out the investor’s personal residence in the net worth calculations.

    What has changed in the last few days?

    #34058
    Avatar of unclejim
    unclejim
    Participant

    The President signed a bill authorizing “crowdfunding” as an approved method for anyone to promote securities to anyone. It allows everyone; no longer just wealthy (i.e., qualified) individuals, to purchase securities.

    #34059
    Avatar of corkhorner
    corkhorner
    Participant

    yay! What’s to worry.

    cork horner

    #34060
    Avatar of buzzbox
    buzzbox
    Participant

    Sounds like an April 1st leg puller to me?????

    #34061
    Avatar of unclejim
    unclejim
    Participant
Viewing 6 posts - 1 through 6 (of 6 total)

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