Bernie just started a business and is trying to raise capital. He has both accredited and non-accredited investors investing in the company. Which of the following is true?
Bernie’s investors may not invest more than $1 million per year.
Bernie’s investors may not invest more than $50 million per year.
Bernie’s company may use only accredited or non-accredited investors, but not both.
Bernie’s investors may invest money in the amounts allowed by their status as an accredited or non-accredited investor.