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I smell financial regulation. The secondary market is generally only available to accredited investors. If you're investing in a fund, that's one thing, but i
by jlmorton 8y ago
I smell financial regulation. The secondary market is generally only available to accredited investors. If you're investing in a fund, that's one thing, but if a product is unwinding all of that to allow unsophisticated investors to essentially buy secondary stock in private companies, the SEC is going to have something to say about that.