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The rules are indeed a little ridiculous, especially when juxtaposition against gambling. The distinction is in the process of being removed with the JOBS Act.
by gbelote 13y ago
The rules are indeed a little ridiculous, especially when juxtaposition against gambling.
The distinction is in the process of being removed with the JOBS Act. It was signed into law in 2012 but the SEC has been slow to enact the regulations. Hopefully it can be used to support the future Oculuses! (Occuli?)
- jiggy2011 13y agoThe difference is that gambling firms usually aren't allowed to advertise by promising a positive expected ROI.
- humanrebar 13y agoSo you're saying there's a technical solution to this problem and the $1M threshold isn't necessary.