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Forcing Small Investors Out of Big Opportunities: The SEC’s 99 Investor Limit (tinyseed.medium.com)
2 points by limedaring 2035 days ago
1 comments

Worst decision for inequality ever.

However, at the time, financing, shares, equity, small time fraud, were also harder to regulate and enforce.

Only did we learn in the 2009s that big time fraud was also overlooked.