>Why aren't Japanese exchanges more popular, then?
Fair question: Japanese exchanges are only open to Japanese residents (and NOT to US citizens even if they are Japanese residents).
>"you can't sell unregistered securities to the US general public
Sounds easy, just let us know what counts as a security. Because the SEC doesn't seem sure. Or rather it's very sure but cannot tell anyone, but definitely know, but has changed it mind and won't go on record.
As it is, this will be decided by the courts. Let's see how that goes...
Fair question: Japanese exchanges are only open to Japanese residents (and NOT to US citizens even if they are Japanese residents).
>"you can't sell unregistered securities to the US general public
Sounds easy, just let us know what counts as a security. Because the SEC doesn't seem sure. Or rather it's very sure but cannot tell anyone, but definitely know, but has changed it mind and won't go on record.
As it is, this will be decided by the courts. Let's see how that goes...