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Democratization of markets doesn’t mean all investors should vote for private placements

democratization

Investor harm is occurring among so-called sophisticated investors, and strong guardrails must be put in place if access to unregistered securities becomes easier for retail investors.

Over the past few years, U.S. democracy has gotten messy. Voting controversies — or at least controversies about how to count votes — have shaken presidential elections and others down-ballot.

The best way to strengthen the U.S. political system is to get more people to vote and to ensure tha

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