Hacker News new | ask | show | jobs
by lickmygiggle 882 days ago
Massachusetts has some pretty weird laws surrounding alcohol. I've seen it in the occasional gas station, grocery store, or convenience store but for the most part here if you're looking to buy alcohol you're going to a store that specializes in that.
1 comments

A funny Massachusetts crazy laws story. When Apple Computer IPO'ed in the early 1980s, Massachusetts residents were not allowed to own the stock. Like it was actually illegal for them to buy this stock. The reason was that Massachusetts runs its own state-level version of the SEC, and the Massachusetts regulators felt that Apple stock was too risky to be made available to ordinary retail investors. This situation persisted for several months before the Massachusetts regulators finally backed down.

As everyone knows, Apple went on to become one of the best (maybe the best?) stock market investments a person in 1980 could possibly have made.