{"id":5667,"date":"2007-02-12T00:00:00","date_gmt":"2007-02-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"comments-oppose-new-hedge-fund-investor-standards","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2007\/comments-oppose-new-hedge-fund-investor-standards.html","title":{"rendered":"Comments Oppose New Hedge Fund Investor Standards"},"content":{"rendered":"<p><span class=\"newsAbstractText\">BankNET 360 &#8211;More than 200 comments have been filed with the Securities and Exchange Commission over the proposed rule to raise the accredited-investor standard.<\/p>\n<p>Many of the commenters are opposed to raising the standard, which would require hedge fund investors to have a minimum net worth of at least $2.5 million, up from $1 million currently.<\/p>\n<p>Shutting out small investors from hedge funds is &#8220;un-American,&#8221; according to one comment. A popular argument raised by many commenters is that net worth has little to do withintelligence.<br \/><\/span><\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/8-0&amp;fd=R&amp;url=http:\/\/www.banknet360.com\/news\/NewsAbstract.do%3Fna_id%3D7448%26service_id%3D1%26bi_id%3D&amp;cid=1113564489&amp;ei=RoXQRfeaG5K8sgG4hvmLBw\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BankNET 360 &#8211;More than 200 comments have been filed with the Securities and Exchange Commission over the proposed rule to raise the accredited-investor standard. Many of the commenters are opposed to raising the standard, which would require hedge fund investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5667","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5667"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5667\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}