Re:The SEC Just Voted To Lift The Ban On General Solicitation
by clavalle on Wednesday July 10, 2013 @01:23PM
(#6021344)
> I believe lifting this ban increases the noise significantly without much boost to the signal.
I think you are correct but only if you consider everything in aggregate.
There will be channels set up that will significantly boost the signal to noise ratio that could not exist under current rules. Channels like crowdfunding sites that /will/ collect information that the SEC might not require but will be useful for potential investors.
I, for one, will be seeking out these channels and vetting them for myself and will recommend the same to anyone who asks.
There is going to be turbulence while people find the balance but I still think this will be an overall win.
I think you are correct but only if you consider everything in aggregate.
There will be channels set up that will significantly boost the signal to noise ratio that could not exist under current rules. Channels like crowdfunding sites that /will/ collect information that the SEC might not require but will be useful for potential investors.
I, for one, will be seeking out these channels and vetting them for myself and will recommend the same to anyone who asks.
There is going to be turbulence while people find the balance but I still think this will be an overall win.