I know most of you rich CBers are probably scratching your heads at why this would even be an issue because you are all making $200,000+ annually or sitting on over $1,000,000 net-worth excluding your primary residence. Personally I think it is another blight on capitalism and guarantees the wealthier further advantages.

I'm late 30s and I would say I have a lot of financial self control and I understand the risk associated with investing to the point that I don't overextend myself, furthermore I already put aside a size-able portion of my income to invest. Why am I penalized because the government wants to protect people who take risks they don't understand or can't afford to. That has nothing to do with me so why are they assuming it does.

I've heard if I take some professional licenses like a series 7 or 65 I could be considered Accredited. Is that functionally right in practice or are assets and salary still part of the measurement? If not there definitely should be a route for a normal person to get certified to prove he's not an idiot and the cost for that process should sit reasonably around $1000 or less.

I don't see why the government should be able to tell me I can't invest in hedge funds, syndications, crowdfunded real estate etc. I sympathize with those who have been taken advantage of but their decisions are technically separate and unconnected from mine.