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

SEC Proposes Merit-Based Private Market Access, Says Brian

The SEC's proposal for merit-based private market access could reshape retail investment opportunities, as highlighted by Brian Armstrong.

Coinbase CEO Brian Armstrong praises SEC's proposal for private market access

The SEC's proposal could democratize private market access, potentially reshaping investment landscapes and expanding opportunities for retail investors.

Coinbase CEO Backs SEC Proposals to Broaden Retail Access to Private Markets

Brian Armstrong supports separate proposed pathways using professional credentials or a Financial Industry Regulatory Authority exam to qualify as an accredited investor.

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 [...]

$100 Exam Could Open Private Markets to Retail as Institutions Pull Back

Americans without $1 million in net worth or a $200,000 salary could soon invest in private companies by passing an accredited investor exam the SEC has put out for public comment. Right now, wealth decides who counts as an "accredited investor." Only they can buy into most startups and private...