From the NYT article..."For one thing, it could be a thin market, on both sides of the trade. The Securities and Exchange Commission allows the trading of unreg

From the NYT article..."For one thing, it could be a thin market, on both sides of the trade. The Securities and Exchange Commission allows the trading of unregistered securities, but only for select investors. The new market will be open only to accredited investors and qualified institutional buyers, which the S.E.C. defines as financially sophisticated enough to invest in high-risk securities about which there is little public information. These include individuals whose net worth exceeds $1 million and institutions that manage at least $100 million in securities." Understandable...but, drats. There are more than a few startups I would be interested in investing in, but I don't qualify as an accredited investor.