Qualified Purchaser
Planning to invest in a private hedge fund where the criteria is to self qualify as Qualified Purchaser. I am not sure if I can consider myself a Qualified Purchaser (still working on it), but if I sign the contract now self-declaring that I am Qualified Purchaser and later I find out I am not, will I be in trouble? I know basically SEC makes sure I have enough money to understand that the loss won't impact me.