Friday, July 23, 2010

Quick Note on the New Financial Reform Bill

I just wanted to give everybody a quick update about the new Financial Reform Bill signed into law by Obama.  The most important change for me was the update to the accredited investor definition, which is now defined as having $1,000,000 net worth without including the primary residence.  Some pundits are tagging this bill as the largest financial reform act since the Great Depression.  For a full overview of the new reforms, please see the article written by Alex Akesson on HedgeCo.Net.
Posted by at 7:30 AM

5 comments:

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