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How Senator Dodd’s Reform Plan Hurts Startup Finance – Accredited Angel Investor Status Could Change
March 22, 2010 /
Senator Dodd proposes adjusting for inflation the income and net worth requirements for a person to be considered an "accredited investor" by the Securities & Exchange Commission. This benign-sounding change would dramatically reduce the number of accredited informal investors financing companies in the U.S. today.
By Scott Shane
Full Story: http://www.businessweek.com/smallbiz/content/mar2010/sb20100318_367600.htm
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Posted in: Developing an Angel Network in Montana
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