For many, tis the season to be jolly. But for me, tis the season to be gloating about my 2021 predictions as every single one of my last year’s forecasts have so far come to fruition. Either I am A) truly clairvoyant or B) the signs have simply become that obvious. While I like to believe that […]
Why Are Regulators Trying to Thwart Economic Democracy?
One doesn’t have to be a conspiracy theorist to question whether something untoward is going on at the Securities & Exchange Commission with respect to its recent treatment of fintech companies. Actions by the Commission that include slow-walking certain fintech-related qualifications, including its sheer unwillingness to approve a cryptocurrency ETF, are just the tip of […]
How an Investment Group on Reddit Can Return Democracy to Stock Markets
America was established on the doctrine of freedom. One of its many founding liberties grants citizens the right to invest in and profit from the ingenuity of its fellow citizens. Stock markets are vehicles to facilitate this right. Stock markets were created to foster capital formation so that businesses could flourish while individuals participate in […]
How Amending the Accredited Investor Rule Can Stabilize Markets, Enhance Portfolio Returns and Foster Innovation
On December 18, 2019, nearly 4 years after the House passed the Fair Investment Opportunities for Professional Experts Act (H.R. 2187) with overwhelming bipartisan support (347 to 8), three of the five SEC commissioners voted to publish a proposal to broaden the accredited investor definition – giving more individuals the ability to strengthen their investment […]