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by alilsumpinditto
2041 days ago
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So mush for freedom... I can't learn the law myself? What if I'm already lawyer completely capable of skipping this fee obstacle. Who is anyone to rate the capabilities of an individual? Wouldn't it be a better, more free, system to just make it law to issue strong warnings suggesting up to $20,000 in legal fees for the inexperienced noobies upon any share issuance. |
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These clauses are already commonplace. People don’t read them. They then turn their losses into a political problem that breeds feel-good laws mandating red tape for everyone. Best case. Worst case: a crisis of confidence in our markets and an ensuing depression.
Better law might be a cap on this asset class as a percent of one’s investable assets?