Part of the reason we need so much regulation around securities markets is because they create liquidity by fractionalizing legal rights and responsibilities and make them easier to trade. The problem regulators are trying to solve is you have insiders that can manipulate the Source:

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Kode D. Grynvault (@hudhaifahz) on X

Part of the reason we need so much regulation around securities markets is because they create liquidity by fractionalizing legal rights and respon...