Coinbase releases professional trading platform for institutional clients

Re:Coinbase releases professional trading platform for insti... by CryptoPunk on Tuesday May 15, 2018 @04:17PM (#17077512)

Non-registered securities are those that are issued by any company not worth over something on the order of $100 million, since any company smaller than that cannot afford to get their securities registered.

Anyway, this distinction doesn't change my point: offers of such securities to unaccredited investors are not categorically "scams". This kind of critical reductionism is reckless to individual rights and liberty.

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Re:Coinbase releases professional trading platform for insti... by gamblor956 on Tuesday May 15, 2018 @07:34PM (#17078801)

Companies can get registered fairly cheaply; a company with almost no assets or value could do it.

The expense comes from meeting the requirements to be registered on a large exchange like NYSE or NASDAQ (both of which are non-governmental entities). This is why small companies that have public stock are traded on "penny" exchanges.

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Re:Coinbase releases professional trading platform for insti... by CryptoPunk on Wednesday May 16, 2018 @01:10AM (#17080154)

Fair point. There are the OTC exchanges.

In any case, I don't see any mom and pop shops offering their customers stock. There are only 10,000 companies with stock on the OTC market, out of 30 million in the US.

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