Nicolas Morgan

  By challenging the accredited investor rule on constitutional grounds, we are not just asking for a policy fix—we are seeking to establish guardrails that ensure regulators can never again impose arbitrary wealth and income tests that strip most Americans of equal access to economic opportunity.

Karen Kerrigan on Trump’s Executive Order on 401(k) Alternative Assets: A Game-Changer for Small Businesses and Innovation

The Investor Choice Advocates Network (ICAN), a nonprofit public interest law firm, announced today the filing of a major constitutional challenge to the Securities and Exchange Commission’s “accredited investor” rule. The case spotlights two plaintiffs whose stories underscore how this arbitrary wealth and income test harms both inveopportunity for the wealthy Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed reform, ICAN warns.