Financial news network CNBC puts their own spin on the change in regulations which allows general solicitation for private placements. This segment, which aired earlier today, also includes a quote from former NASDAQ Vice Chairman David Weild indicating there is potential for “billions” in new ads.
The brief video also stated that larger funds will ignore advertising but smaller funds would take advantage of the change.
Karen Finerman, a regular on Fast Money, shared her wisdom as well stating she was going to watch for awhile first.
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