SEC Gives More Investors Access to Private Equity, Hedge Funds

WSJ – In a story about the SEC voting 3-2 to expand the definition of so-called accredited investors to include holders of an entry-level stockbroker’s license, “knowledgeable employees” of nonpublic firms and others, Healthy Markets Executive Director Tyler Gellsch is quoted saying ““Now that they’ve opened this door, there’s going to be a lot of trucks trying to drive through.” (Full Story).