[goobynight]

They are done in order to protect the little guy, due to the high risk associated with the high reward.

Otherwise, you will get people that have negative net worth, maybe $20k in credit card debt + student loans that they pay minimums on, and a few kids dumping a year of savings into Snapchat and losing it all.

While it sucks for small players that are ok with high risk investing (and would be ok losing it), there just isn't a way to stop the flood of stupid that would come with it.

Probably the closest thing I've seen to being able to invest in something like this is cryptocurrecy,