Should the SEC adjust the accredited investor definition to allow more people to access hedge funds and other private vehicles?
Yes- with more companies remaining private for longer, retail investors should more easily be able to gain exposure to potential growth opportunities
Maybe- increased participation in private markets and more illiquid investments should be encouraged, but interval fund reforms should serve this purpose
No- any such changes could over expose investors to risky assets and have knock-on effects on other fund structures bound by daily liquidity requirements
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