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.
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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.