No! A thousand times no! Second Market's bid/offer spreads are enormous compared to the public stock market. Second Market is a web facade on a straight-forw

No! A thousand times no! Second Market's bid/offer spreads are enormous compared to the public stock market. Second Market is a web facade on a straight-forward over-the-counter trading operation. While the idea of doing a 'soft launch' IPO by building up from a toe-in-the-water market makes some sense, the reason that Second Market is being looked at hard by the SEC is because it's doing something that should be regulated far more than it is (because they're using accredited investor exemptions to get around the various disclosure/oversight rules).