3 ms·
Why isn't it regulated in the US? In India everybody gets a chance to buy in IPOs, it's randomly assigned regardless of how much you applied for. Promoters and
by eklavya 6y ago
Why isn't it regulated in the US? In India everybody gets a chance to buy in IPOs, it's randomly assigned regardless of how much you applied for. Promoters and institutional investors are even supposed to hold it for 9 months before they can sell it in the market.
- mtnGoat 6y agoall decisions in the US are driven by dollars, and the guidelines are usually made by those that have a lot of dollars. so they create circular situations to benefit themselves.