Ah, your are correct. I need to educate myself further.<p>I still maintain that this is a piece of fearmongering since I don&#x27;t think &quot;widows and orphans&quot; will have the 100k of annual income needed to invest 5k via equity crowd funding. The author points the finger at the SEC without going into any of the details about how the equity crowdfunding works.<p>I was confused because all of the crowd funding sites doing equity investing that I have looked at still require accredited investor status. Are you aware of any that are allowing investing under the new model?