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Accredited investing requirements are to keep non-experts or people without money to lose from being swindled by companies which aren't required to be transparent with their financials.

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Public companies swindle quite often, and usually with more catastrophic results.

When are we going to admit that the current rules are no longer working?

So then you agree that accredited investing requirements aren't the problem?

So, given that companies swindle with catastrophic results, you're suggesting to have fewer rules and regulations? Less enforcement and oversight?

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