The equity crowdfunding movement is gaining steam. The Regulation
Crowdfunding Law essentially removed barriers to equity investment. Prior to
the regulation, any third party that raised funds could only do so from
accredited investors who earned $200K-$300K in household income or a house that
is worth over $1M USD. Equity crowdfunding portals essentially mirror the
function of an IPO and/or solicitation of a debt security.

But many have been wondering about secondary markets. Secondary
markets are the exchanges we use to trade securities. Secondary markets provide
an important governance structure to securities as all material . . .


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