Partnership that allows individuals to invest as little as $250 in initial public offerings, is a step toward opening up IPOs, which traditionally favor big funds and wealthy brokerage clients, to a greater number of investors.
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New program to allow individuals to invest as little as $250 in initial public offerings A new effort is under way to put the public back in the initial public offering. J.P. Morgan Chase & Co. and Motif Investing Inc., an online brokerage, are joining in a program to allow individuals to invest as little as $250 in IPOs. It is the latest of several efforts by banks and brokerage firms—including startup online broker...
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