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Re:Coinbase releases professional trading platform for insti... by hndamien on Tuesday May 15, 2018 @08:36PM (#17079099)
Nothing stops an unaccredited investor betting the farm on Enron. If there is a less perceived risk, people will use more leverage. So all of this "protection" just amounts to restricted opportunity.
Re:Coinbase releases professional trading platform for insti... by sokoloff on Tuesday May 15, 2018 @10:47PM (#17079654)
Several people went to federal prison and Arthur Anderson went out of business over the Enron shenanigans. This seems as much a deterrent as the Securites Act of 1934. If you’re willing to risk federal prison, you can solicit non-accredited investors for unregistered securities.
Re:Coinbase releases professional trading platform for insti... by hndamien on Thursday May 17, 2018 @02:29AM (#17089246)
You are missing the point. Insert any publicly listed stock that tanked. How about a nice safe bank, like Lehman brothers?