SEC Commissioner Luis Aguilar Presses the Need for Greater Secondary Market Liquidity
Crowdfund Insider reports on Commissioner Aguilar's March 4, 2015 speech to the Advisory Committee on Small and Emerging Companies in Washington DC. Writes author Anthony Zeoli: "Unlike traditional stocks and bonds which an investor can generally sell and trade at will in established exchanges (e.g. NASDAQ, NYSE, etc.), there currently is no marketplace to offer and sell most privately placed securities... "The more liquid privately placed securities can be made the more viable they will be to investors and the more capital which will ultimately flow to small business."
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