May 4, 2020
The role of a rights-respecting government is to protect the life, liberty, and property of its citizens...not to protect them from "bad" investment decisions. Investors should be left free to make their own decisions, and to live with the consequences (good and bad) of those decisions.
Instead, the SEC's proposal aims to treat investors as wards of the state as ignorant and gullible children in need of constant oversight from a bureaucratic nanny.
Proposed Rule #S7-24-15 amounts to a blatant and dangerous violation of liberty, and would move the US further toward socialism. For the sake of the investors the SEC is purportedly trying to "protect", do NOT adopt it.