With Finra cracking down, and the SEC loosening up, the mostly unknown private-placements market...

|By:, SA News Editor

With Finra cracking down, and the SEC loosening up, the mostly unknown private-placements market is headed for some sea changes. Companies like Facebook often raise capital under the SEC's Regulation D before eventually going public; some will become the next Google, but others are shady characters ready to vanish in a bankruptcy.