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Podcasts, Newsletters, and More


Capital Ideas 33: Crypto-Qualified — The New Standard for Financial Advisors
As crypto adoption spreads across retail and institutional markets, one group remains surprisingly unprepared: financial advisors. In Episode 33 of Capital Ideas, Don Friedman, CEO of the Digital Assets Council of Financial Professionals (DACFP), breaks down why traditional advisor education has failed to keep pace—and how DACFP is stepping in to change that.
Nicolas Morgan
Oct 131 min read


SEC Roundup 87: Day Traders vs. FINRA - The Fight to Reform the $25K PDT Rule
Ross Cameron, the founder of Warrior Trading, one of the most recognizable voices in the day trading world, with nearly 2 million YouTube subscribers tackles the long-standing—and long-criticized—Pattern Day Trading Rule from FINRA, which requires U.S. traders to keep $25,000 in their accounts to make more than three day trades in a five-day period, effectively encouraging overexposure and high-stakes trading—especially for those just starting out.
Nicolas Morgan
Oct 131 min read


SEC Roundup 86: Stocktwits Founder on Meme Stocks
What do GameStop, Krispy Kreme, and Dogecoin have in common? They’ve all been rocket fuel for a generation of retail traders—and a source of anxiety for financial regulators.
In this episode of SEC Roundup, Stocktwits founder and FinTwit pioneer Howard Lindzon joins Nick Morgan and frequent co-host Jennifer Schulp for a lively discussion on meme stocks, market culture, and the blurred line between entertainment and investing. Howard pulls no punches as he defends the joy of
Nicolas Morgan
Oct 71 min read


Our new case highlights how the accredited investor definition tramples the right to pursue economic opportunity.
By challenging the accredited investor rule on constitutional grounds, we are not just asking for a policy fix—we are seeking to establish guardrails that ensure regulators can never again impose arbitrary wealth and income tests that strip most Americans of equal access to economic opportunity.
Nicolas Morgan
Sep 115 min read


Capital Ideas 32: Inflation, Regulation, and the Fight for America’s Small Businesses
Karen Kerrigan on Trump’s Executive Order on 401(k) Alternative Assets: A Game-Changer for Small Businesses and Innovation
Nicolas Morgan
Sep 101 min read


ICAN Files Landmark Lawsuit Against SEC’s Wealth-Based Investor Rule
The Investor Choice Advocates Network (ICAN), a nonprofit public interest law firm, announced today the filing of a major constitutional challenge to the Securities and Exchange Commission’s “accredited investor” rule. The case spotlights two plaintiffs whose stories underscore how this arbitrary wealth and income test harms both inveopportunity for the wealthy
Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed
Nicolas Morgan
Sep 84 min read


SEC Roundup 85: The a16z Policy Proposal That Could Flip the SEC’s Approach to Crypto
Miles Jennings, Head of Policy and General Counsel at Andreessen Horowitz (a16z), breaks down a timely and impactful proposal for the SEC to provide a clear, actionable safe harbor for developers in the decentralized finance (DeFi) space.
Nicolas Morgan
Sep 51 min read


Capital Ideas 31: Why We Can’t Trust Inflation Data, and How Blockchain Fixes It
Fixing distorted inflation data, misguided monetary policy, and a widening gap between economic reality and government reports.
Nicolas Morgan
Aug 191 min read


Capital Ideas 30: Can Retail Investors Catch the Unicorns Before They Fly?
Andrew shares the origin story of Hill.com, explains how single asset funds and SPVs allow fractional access to unicorn-stage companies, and offers insight into the regulatory roadblocks keeping the private markets out of reach for most Americans. He calls out the outdated wealth requirements for accredited investor status, likening them to "modern-day redlining," and pushes for reform that reflects our digitally connected, information-rich age.
Nicolas Morgan
Aug 81 min read


The SEC Repeatedly Denied His Constitutional Rights, Destroying His Career. Now We’re Fighting Back.
Now we are helping Ray fight one more SEC injustice: a professional bar that only ends when the SEC says it does, even though his “right to apply for reentry” began seven years ago. The SEC’s process for lifting bars is full of Catch-22 requirements, procedural traps for the unwary, and other impediments that make the right to apply for reentry “illusory” in the words of one former SEC Commissioner. We are fighting to change that.
Nicolas Morgan
Jul 308 min read


ICAN Applauds House Passage of H.R. 3339, the Equal Opportunity for All Investors Act of 2025
ICAN Applauds House Passage of H.R. 3339, the Equal Opportunity for All Investors Act of 2025
Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed reform, ICAN warns.
Nicolas Morgan
Jul 223 min read


ICAN Flags H.R. 3394 as a Step Backwards for the Accredited Investor Rule
ICAN Flags H.R. 3394 as a Step Backwards for the Accredited Investor Rule
Proposed legislation would entrench outdated wealth-based barriers, limiting investor access and undermining needed reform, ICAN warns.
Nicolas Morgan
Jul 213 min read


Capital Ideas 29: Accredited Investors – Who Gets to Invest? Efforts in Washington to Unlock Capital Markets
Dina Ellis Rochkind, Counsel at Paul Hastings and a former key Senate staffer, joins Capital Ideas for an incisive conversation on the future of accredited investor standards. With nearly three decades of experience in Congress, the Executive Branch, and private sector advocacy, Dina offers unmatched insight into the policymaking process behind bills like the JOBS Act—and what’s coming next.
Nicolas Morgan
Jul 181 min read


Capital Ideas 28: The Real Reasons Crowdfunding Works—and Why the SEC Missed Them
Hear from Woodie Neiss, one of the architects of the JOBS Act and a longtime data authority in the investment crowdfunding space.
Nicolas Morgan
Jul 21 min read


Unchecked Enforcement. Misguided Legislation. ICAN Responds.
We’re pleased to bring you the latest updates in this issue, including new developments in our ongoing construction of a legal bulwark against SEC overreach—and a critical look at H.R. 3394, a bill that threatens to take a major step backward in expanding access to America’s capital markets.
Nicolas Morgan
Jul 17 min read


Capital Ideas 27: Can $12K Beat Wall Street? Paul Lovejoy’s 366-Day Crowdfunding Challenge Says Yes
Paul Lovejoy, founder of Stakeholder Enterprise, shared his bold vision for democratizing wealth creation. His ambitious “Leap Year Portfolio” experiment—making 366 crowd-based investments in 366 days—offers a compelling case for rethinking how retail investors can access opportunities traditionally reserved for the elite.
Nicolas Morgan
Jun 31 min read


Capital Ideas 26: Inside the Newsmax IPO and How Reg A + Can Democratize Wall Street
n this episode of Capital Ideas, we sit down with Mark Elenowitz, Managing Director at Digital Offering, to explore how his firm is transforming the landscape of modern IPOs through the use of Regulation A+ (Reg A+). Known for spearheading the groundbreaking Newsmax IPO, Mark shares how the Newsmax IPO made history with the largest two-day opening gain in U.S. market history. Mark takes us behind the scenes of this historic deal.
Nicolas Morgan
May 91 min read


Capital Ideas 25: Mark Hiraide on Unlocking Capital Access and Fixing Finder Rules
Mark Hiraide brings decades of experience in securities law and a front-row seat to the evolution of capital markets, from small-cap IPOs in the '90s to the JOBS Act and beyond. He discusses his hands-on work shaping California’s crowdfunding rules and his new role evaluating federal reforms aimed at expanding investor access and streamlining capital formation.
Nicolas Morgan
Apr 211 min read


ICAN Welcomes Acclaimed Capital Formation Expert Mark Hiraide as Senior Legal Director & Policy Counsel
ICAN Welcomes Acclaimed Capital Formation Expert Mark Hiraide as Senior Legal Director & Policy Counsel
Nicolas Morgan
Apr 32 min read


Capital Ideas 24: Clearing the IPO Roadblock with Prof. Platt
Approximately 40% of initial IPO filers fail to complete their transactions, often turning to private capital instead.
Nicolas Morgan
Mar 101 min read
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