Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined

Permalink Report to webmaster

Peter Schiff Warns SEC Could Change Definition of 'Security' — Expects Lots of Investors to Be Retroactively FinedEconomist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authority to unilaterally change the definition of a ‘dealer,’ I expect lots of private investors to be retroactively […]

Source: Bitcoin News

#Regulation, #Crypto, #Cryptocurrency, #DefinitionOfDealer, #DefinitionOfSecurity, #PeterSchiff, #SEC