[U.S. SEC Proposes Reform of Accredited Investor Rules, Grayscale Parent Company DCG Founder’s 15-Year-Old Suggestion Finally Coming to Fruition] Grayscale parent company DCG posted on the X platform, stating that last week the U.S. Securities and Exchange Commission (SEC) proposed reforms to the accredited investor rules, allowing certain investors to qualify for participation in the private market through exams and other methods. This initiative aligns with a similar suggestion made by DCG founder Barry Silbert 15 years ago. It is reported that Barry Silbert, during the establishment of SecondMarket around 2011, proposed that the SEC’s "accredited investor" rules, which primarily rely on income and net worth standards, do not necessarily reflect investment capability. He argued that wealth levels do not always equate to financial knowledge, as some high-net-worth individuals may lack sufficient financial expertise. Conversely, some ordinary investors who pass financial literacy tests set by regulatory agencies should also have the opportunity to qualify for participation in the private market.