{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/accredited-investors",
 "identifier": "kaal:entity:accredited-investors",
 "name": "Accredited investors",
 "termCode": "accredited-investors",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
 "canonicalForm": "https://wulfkaal.github.io/entities/accredited-investors.md",
 "sha256": "3cf62e277c062a64dff7b48bc0cd83625d9ee60d505aa6b6c2c9a1ba08f70a64",
 "additionalProperty": [
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   "name": "status",
   "value": "derived"
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   "value": 2
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   "value": 2
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   "@type": "PropertyValue",
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   "value": [
    "2016",
    "2019"
   ]
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 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2715083-031",
   "identifier": "kaal:claim:2715083-031",
   "text": "By tightening the accredited investor net worth standard, the Dodd-Frank Act pushes investors who lose eligibility for hedge fund investments toward hybrid and retail alternative funds, even if the number of affected investors is small.",
   "abstract": "While the number of such investors may be negligible, investors who no longer qualify for retail alternative fund investments under Dodd-Frank qualified investor standards are likely to seek out hybrid funds.",
   "citation": "Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083",
   "datePublished": "2016",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "individuals near the accredited investor net worth threshold after Dodd-Frank section 413"
   ],
   "source_pdf_sha256": "b5c92186260d4a8499a14f81ee24ace093b24e7740af3effcd1c526fa4fa221e",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3411110-029",
   "identifier": "kaal:claim:3411110-029",
   "text": "The SEC's reasoning against the Bitcoin ETF does not transfer to blockchain based private investment funds such as those built on Melonport, because such funds trade a diverse array of cryptocurrencies and reach a much more limited and accredited audience, which curtails investor risk.",
   "abstract": "Moreover, the audience of a Melonport-type fund is much more limited and curtails the risk to investors.",
   "citation": "Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110",
   "datePublished": "2019",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "private investment funds limited to accredited investors",
    "funds trading diversified crypto portfolios rather than Bitcoin alone"
   ],
   "source_pdf_sha256": "c7626eeb7642045b79f8745df1f7232a8fe8bc44a1f7e87b592850e35b392b50",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'accredited-investors'. Derived node: a roster, not an adjudicated definition."
}