Goodbye To Alternative Investments For Many? Introduction Most of you reading this are at least somewhat familiar with the term " accredited investor ." In 1982, the Securities & Exchange Commission established that individuals with a net worth of $1,000,000 and/or annual income of at least...
Introduction I am in South Africa as this week's letter is being sent out; so it is with some irony that the letter is focused on a topic that generally concerns only US-based investors, although what the SEC does has an effect on regulatory bodies abroad. This is a letter you may want to forward...