Only accredited investors (ie Rich People) get access to the blue part.

So retail has limited access to the most dynamic and highest return parts of the market, they have to settle for IPO leftovers.

No wonder people are turning to crypto.

I like to remind people that if they make less than $200k, the SEC considers them to be too financially illiterate to invest in anything meaningful.

I understand having *some* level of protection to keep predatory grifters away from the vulnerable, but current regulations seem to be having the opposite effect 🤦

Soon you can do a checkbox exercise to become accredited, no matter how wealthy you are

Soon you can do a checkbox exercise to become accredited, no matter how wealthy you are

https://tax.thomsonreuters.com/news/house-passes-bill-to-set-up-sec-accredited-investor-exam/

Talks about crypto and coffee. Building on-chain algo trading - check out my channels /algo-trading and /python

This would be super cool. Hopefully it actually happens. Promising developments, but I'm not going to be holding my breath 😆