3 ms·
I think there are few things they should do to make this work: 1) Limit the amount of money per investor for non-qualified investors. If someone only invests a
by gersh 16y ago
I think there are few things they should do to make this work:
1) Limit the amount of money per investor for non-qualified investors. If someone only invests a small amount, they aren't losing all their money on one investment
2) Requires disclosure all of company officers and major investors through an official SEC filings. Additionally, disclose any criminal record of securities violations and civil suits relating to misrepresentation and securities fraud for previous companies
3) Improve SEC enforcement, and be pro-active in going after fraudulent misrepresentation. Where companies appear to be making fraudulent misrepresentations, the SEC should prosecute companies that go too far.