Hey, jussss a crazy question: Where in the US Constitution is there a sanction for something called the Securities and Exchange Commission? Just wonderin'.

Oh, and... Well, sorry if we're troubling anyone, but why should the government, which fails to stop the supposed "problems of the market" be trusted with MORE power to stifle competition and investment?

In a free market, only those who CHOOSE to become involved with risk take on that risk. Even secondary investors know what they're getting into, and guess what? Even those who are reckless and invest WITHOUT checking, then fail... Well they serve as examples so that others will avoid their mistakes.

But with the regulations comes the assumption of risk by the government, the smothering of PRIVATE risk-taking is concomitant with the assumption of taxpayer risk-taking, via coercion by the government.

Check this out: http://www.cnbc.com//id/31528169