from Hacker News

Forcing Small Investors Out of Big Opportunities: The SEC’s 99 Investor Limit

by limedaring on 11/23/20, 9:04 PM with 1 comments

  • by 3327 on 11/23/20, 9:48 PM

    Worst decision for inequality ever.

    However, at the time, financing, shares, equity, small time fraud, were also harder to regulate and enforce.

    Only did we learn in the 2009s that big time fraud was also overlooked.