Inquiry calls for new ‘sophisticated investor’ tests

Sophisticated investor rules should be overhauled to take into account knowledge and experience tests, a parliamentary committee has recommended in a bid to boost local capital investment. The call to create new pathways for investors to qualify as wholesale investors comes months after the Albanese government walked back a controversial proposal to make it harder…

The post Inquiry calls for new ‘sophisticated investor’ tests appeared first on InnovationAus.com.

This post was originally published on InnovationAus.com.