February 29, 2020
1. Buying and selling stocks in a public forum has been a freedom enjoyed by Americans for over 2 centuries. Investors choose to learn normally through the school of hard knocks, which is part of the game. Investors nomally understand the risks associated with such purchases by reading and by talking with other people who are knowledeable on a particular subject.
2. The SEC's proposal is unnecessary and also sets a dangerous precedent in its attempt to regulate everything more closely, supposedly under the guise of protection for consumers. This time - this proposal should never be allowed to be brought up for consideration - for implementation to further restrict investors. I am dead set against this proposal and hope the SEC will back down in trying to further get their noses into everybody's own personal business.