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Perspective

Apr. 24, 2010

Trading in Private Shares: El Dorado or Fools Gold?

Keith Bishop of Allen Matkins says use of the Internet to trade private shares may carry significant consequences for all those involved.

By Keith Paul Bishop

American corporations once could be divided neatly into two categories. The smaller category consisted of publicly traded companies - those with shares that you could buy and sell on a stock exchange or in the over-the-counter markets. The much larger category was made up of privately held companies - those with shares that only very rarely changed hands, if at all. Now that distinction is disappearing as individuals and companies are...

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