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Is there a new law that will limit ownership of stock to…

Is there a new...

Is there a new law that will limit ownership of stock to those who have over $300,000 should the dollar crash?

Lawyer's Assistant: What state are you in? It matters because laws vary by location.

Virginia

Lawyer's Assistant: Has anything been filed or reported?

Just read something like this on the internet

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Answered in 4 minutes by:
8/25/2017
ScottyMacEsq
ScottyMacEsq, Attorney
Category: Legal
Satisfied Customers: 18,165
Experience: Licensed Texas General Practice Attorney
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Thank you for using JustAnswer.

No, there is no such law. Where did you read this?

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Customer reply replied 11 months ago
Actually my wife read it an indicated it was a new federal law.

But what is "it"? What website? That is, there's no law that says this, but it might be a misinterpretation of another law, so I'm trying to give you a better answer than simply "no, there is no law".

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Customer reply replied 11 months ago
I am not sure, but I will check and see if she can resurrect the site. Thank you for your answer.

Sure. Again, there's no law (if there was, there would be many websites talking about it and decrying it, as well as consumer advocacy groups, lobbying groups, etc... talking about it).

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Once you rate this answer, that will allow me to assist other customers, but you can still come back and ask follow up questions or give me more information, and I will assist you further.

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Customer reply replied 11 months ago
Excellent response totally answered my question!

My pleasure.

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ScottyMacEsq
ScottyMacEsq, Attorney
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Satisfied Customers: 18,165
Experience: Licensed Texas General Practice Attorney
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