Elderly Accredited Investors – No Better Than High Schoolers?!

The Unsophisticated Sophisticated: Old Age And The Accredited Investors Definition

H/T The Reformed Broker

Tao Guo

Texas Tech University

Michael S. Finke

Texas Tech University

Chris Browning

Texas Tech University

July 22, 2015

Abstract:

Accredited investors are able to buy unregistered securities such as private equity, venture capital and hedge funds with little regulatory oversight. This lack of oversight is justified because investors who meet the accredited investor thresholds...

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