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Amen. This also one of the reasons why IPOs have declined. Once Supermoney became available to Private Companies the need to IPO for liquidity diminished. That is likely to persist until the glut of private capital starts to dry up and its time for the devil to take the hindmost.
I tried to open some options trading on Fidelity. My experience trading BTC didn’t seem to count. ‘I wasn’t properly qualified!’ Their CYA can KMA!
Hah! Yeah, seems like there’s probably a good middle ground between that and IB’s requirement that you write down on a piece of paper, “I watched Boiler Room…twice!” and sign it in crayon.
IB’s willingness to hand over financial WMDs to the masses, is rather, terrifying.