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SEC Proposes Private Market Access
Brian Armstrong praises the SEC's proposal for merit-based private market access, saying retail has long been shut out.
Original post
It’s great to see the SEC proposing merit-based private market access in the US. This will be a huge step forward.
For too long, only the richest people have had access to the private markets. Retail has been missing out.
And over the last few years, companies have been incentivized to stay private longer (so retail has been missing out even more at best, or become exit liquidity at worst).
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From @Shumer_Algo and others. Spam removed, with English and Chinese translations.
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