[te_platt]

While valid, your points all seem directed to protecting people from themselves. Depending on the details it may be a very bad idea to invest or take investment at this level but who should be the one to make the decision? In this case I don't think the government should have a say.

[rmc]

protecting people from themselves

Which is not a bad thing in principle. We do it with lots of things.

[robmay]

And protecting startups. There are disclosure issues here that are much more risky for startups. For a publicly traded company to disclose a lot about its business is one thing... but such disclosures could kill a startup.

[chernevik]

Merits to one side, this sort of argument is going nowhere in the aftermath of the subprime loan mess.

Which people really should look at as a stress test on how something like this could be abused.