This will bode well in the short run but what happens when you pull in the general population to support an ailing investment industry and faltering economy? What are the rules in determining if these masses are accredited? Just like the NINJA mortgage loans we may soon have unaccredited investors being passed on as accredited just to keep this industry chugging along.
http://en.wikipedia.org/wiki/Jumpstart_Our_Business_Startups_Act