Economist 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: https://news.bitcoin.com/peter-schiff-warns-sec-could-change-definition-of-security-expects-lots-of-investors-to-be-retroactively-fined/