Incidentally, they haven't raised the definition of accredited investors for many years.

顺便提一下,合格投资者的门槛,已经很多年没有提高过了

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Last year, the SEC put out a proposal that -it's getting too easy to be an accredited investor -so they put out a proposal that we raise the wealth level to $2.5 million.

去年证交会发布了一项提议,鉴于合格投资者的门槛较低,因此他们提议,把准入门槛提高到250万美元

耶鲁公开课 - 金融市场课程节选

I think it's very hard to raise the definition of accredited investors because the minute you do that you're closing large numbers of people out from their ability to invest in hedge funds and they don't like that; they feel insulted, so there was a lot of angry reaction.

我认为要提高,合资格投资者的门槛很难,因为一旦实施,大量的投资者将被拒之门外,这些有能力投资对冲基金的人们,可不会开心,他们会觉得被侮辱了并因此而恼怒

耶鲁公开课 - 金融市场课程节选