But would-be investors shouldn’t let the SEC’s oversight of the investments lull them into a false sense of security.
“The SEC is not vetting how good the [investment or] sponsor is,” says Paul Habibi, a real estate and finance professor at the University of California, Los Angeles. “The SEC is vetting for crooks.”
More cautious investors, financial experts suggest, should consider parking their money in debt instead of equity.
[R 7/5/16]
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