Re: Why do investors demand personal info when offering securities is against US LAW

This has been bugging me to no end.

Investors require personal information of the business during IPO.. If the business is in the US, then it is already breaking the SEC laws. Do investors know this?

Many of us aren't in the US. Those that are in the US are seeking ways of compliance with the SEC laws.

I wrote a blog post on this to answer your question.

I read your blog post. That doesn't answer the question regarding the laws in the US.

It answers the question you asked in the title of this post regarding why investors demand personal info. We aren't breaking the law demanding that information, and we aren't responsible for SEC compliance on their behalf. Which is why there's (thankfully) plenty of non-US businesses to invest in:)

If you're in the US, you may want to consider joining all the bright people that are getting out.

I've been thinking about exiting for a long time now

But where to?