The Securities and Exchange Commission will almost assuredly approve proposed rules that will increase the minimum assets an investor must have to partake in a hedge fund, Reuters reports. Currently, that’s $1 million, inclusive of the value of one’s home. The SEC wants to make that $2.5 million, exclusive of homes, and will most likely succeed, Jennifer McHugh, a senior adviser in the SEC’s division of investment management, told the Council of Institutional Investors.

The SEC will change the requirements in spite of thousands of investors’ comment letters protesting them, McHugh said.

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