Sounds familiar: Google, Facebook, SEC
"According to the SEC, being accredited investor shows that an investor is sophisticated and has sufficient funds so as not to need the same protections as an unsophisticated poor investor." As a poor person the SEC is trying to protect my 5K that I am trying to invest in some ICO . But those rich credited investors have open a casino 5 miles from my house where I am completely free to walk in any time with the same 5K. Thank you SEC. I love free USA