Coinbase CEO Backs SEC Proposal to Expand Retail Access to Private Markets

TLDR: Brian Armstrong backed the SEC’s proposal on October 11 to broaden retail access to private markets. The SEC is considering professional credentials and FINRA exams as alternative routes to accredited investor status. Current eligibility generally requires $200,000 in annual income or $1 million in net worth, excluding a primary residence. The proposal covers regulated [...]

The post Coinbase CEO Backs SEC Proposal to Expand Retail Access to Private Markets appeared first on Blockonomi.