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walletdrainer | 4 days ago

> You still have to be an accredited investor

Which means that you have to be able to repeat after me “I am an accredited investor”, that’s the actual full list of requirements.

discuss

order

bix6|4 days ago

No, the actual full list of requirements is on the SEC website site.

inemesitaffia|4 days ago

I think they are trying to point out the seller may not be required to verify. Only ask.

Like the age check on logged out YouTube videos

walletdrainer|4 days ago

No, those are not actual requirements.

rco8786|4 days ago

Legally speaking that is not correct. Maybe in practice you can do that, but it opens you up to very real risk.

To your bog standard human being, trading Stripe stock has significant barriers vs trading a public stock.

walletdrainer|2 days ago

What “very real risk”?

Not legal risk, certainly.

“Risk” in economic terms? Yeah that’s the whole purpose of claiming to be an accredited investor.