The Real Clear Markets cites CEi`s John Berlau on the investment regulations:
The solution is to unleash capital from the bottom-up and where it first accumulates – outside of the distorted debt-based commercial banking system, among family and friends. The J.O.B.S. Act. Already signed into law, would do this as I've written previously. Yet, it remains mired in a regulatory hesitancy to allow persons who make less than one million dollars invest to in an entrepreneurial public offering.
John Berlau of the Competitive Enterprise Institute (CEI) has made the right call, here, seeking to decrease the "accredited investor" net worth exemption from $1 million down to $500,000, or preferably lower.