Regulation D

So I argue that we should ensure that investors have adequate information to make investment decisions, whether they're investing in public and private markets.

So the private offering exemption that startups are relying on and private funds are relying on when they're raising money, There's a rule, Regulation D, Rule 506, to just get into technicalities.

Yeah, we're going to talk a lot about

Reg D in this

episode.

You can raise unlimited amounts of money under Regulation D without providing any disclosure to investors or the public as long as all of the investors in the transaction are accredited.

And that's based on wealth and income standards.

So those wealth and income standards were established back in 1982.