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Thanks to government regulation, it's become so onerous to do an IPO to the public that the little man is effectively left out of these opportunities. My guess
by dy 16y ago
Thanks to government regulation, it's become so onerous to do an IPO to the public that the little man is effectively left out of these opportunities.
My guess is it won't be long until secondmarket comes under SEC regulation and catering to accredited investors won't be a shield anymore.