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Dated Accredited-Investor Standard Creates SEC Dilemma

Post on: October 10, 2014 | Fred Bryant | 0



Three decades after the U.S. Securities and Exchange Commission set up basic barriers to entry for private securities transactions, the agency faces a choice of whether to scrap the old standards in favor of stronger investor protections, or stay closer to the status quo as some in the industry prefer.

“I think what we’re going to see is a vague heavy hand come down and crush the private securities marketplace,” said Fred Bryant, co-founder and chief operating officer of WealthForge Holdings Inc., a broker-dealer that raises capital online for startup companies.

Read the full article from Law 360 here.

Disclaimer: WealthForge provides this information to our clients and other friends for educational purposes only. It should not be construed or relied upon as legal advice.

Disclaimer: Altigo provides this information for educational purposes only. It should not be construed or relied upon as legal or tax advice.

About author

Fred Bryant

Fred founded WealthForge based upon a vision of bringing greater efficiency to private capital markets. A University of Richmond graduate, he also served in the US Army receiving the Bronze Star Medal. Throughout his military tour in Afghanistan, he continued to steer WealthForge forward. Fred provides strategic leadership for the company and holds 6 securities licenses.
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