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nsomniyak

06/16/14 10:36 PM

#331 RE: PrivateStock #330

There is no externally-imposed standard prohibiting funds or other institutions from owning stacks that are priced less than $5.

Some funds have self-imposed rules (in their by-laws) relating to low-priced stocks. Others may have by-laws setting the minimum market cap for stocks that they will buy into.