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Facebook's self-underwritten IPO (vator.tv)
4 points by stellar678 on June 9, 2010 | hide | past | favorite | 1 comment



Can individuals who are non-resident non-citizens buy (and more importantly, subsequently trade) individual stocks in companies governed by SEC rules without working through a brokerage house/operation? This isn't rhetorical; I'm not sure of the answer.

It seems like this proposed model - direct selling to individual investors located internationally - would be rife with the potential for money-laundering and fraud, and would get around most of the know-your-customer regulations that US financial institutions are required to follow.




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