That is more gatekeeping than anything. There are plenty of very risky plays ava... | Hacker News

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		nightski on May 13, 2022 \| parent \| context \| favorite \| on: Tether starting to lose its peg too, after Terra d... That is more gatekeeping than anything. There are plenty of very risky plays available in the stock market.

danielmarkbruce on May 13, 2022 [–]

Why are they gatekeeping? To protect people from themselves.

The SEC has a pretty ill defined set of risks they are trying to protect people from. People will find ways to lose their money if they don't have a general "wait, do I have a clue what I'm doing here?" filter.

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