An accredited investor is a high-net worth individual or business entity with special status under financial regulation laws. Accredited investors are considered to be financially sophisticated and therefore have a reduced need for the protection provided by regulatory disclosure filings. Therefore, accredited investors are allowed to deal in securities that may not be registered with financial authorities such as the Securities and Exchange Commission (SEC).

To be considered an accredited investor in the U.S., you must have a net worth of at least $1,000,000, excluding the value of your primary residence, OR have income at least $200,000 each year for the last two years (or $300,000 combined income if married).

Clearly, the Securities Act of 1933 intended to protect little guys (non-accredited investors) from scammers and thieves selling fraudulent investments. Today, however, the case can be made that by limiting many investments to accredited investors, and cutting out non-accredited investors, the system helps the rich get richer because they have access to the best investment opportunities . https://medium.com/newtown-partners/the-rich-get-richer-the-effect-of-restricting-private-securities-to-accredited-investors-cd94fc81ecf8

Gunnison Community Capital Group is working hard to make local investment opportunities open to both accredited and non-accredited investors. We’re all in this together.