The SEC may catch up with SecondMarket and plug the leak at any time and possibl... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		jayzee on Jan 3, 2011 \| parent \| context \| favorite \| on: Goldman Sachs invests in Facebook at $50 Billion v... The SEC may catch up with SecondMarket and plug the leak at any time and possibly quite soon.

bhousel on Jan 3, 2011 [–]

What's the leak? They are a holding company and a member of FINRA. I'm genuinely interested in how you think the SEC might shut them down.

Besides, SecondMarket is growing fast in Europe and Asia too.. They trade stocks all over the world now, so it's not just one 'leak' that the SEC can plug.

Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact