I don't think the SEC is smart enough to understand BTC, yet.  What is this, insider trading?  Given that you can't buy stock for BTC officially I am addressing a particular gap and inefficiency.  Also, I am using my money that my money I currently have in the market.  I am not violating any laws accepting bitcoin from community members, and using my money to buy stock.

The only real pitfall is taxes.  I would have to pass down taxes I pay as fees.