Gary Gensler: “I believe this exclusion should be revised to make clear that it is not available to foreign banks or their subsidiaries…”

It is rife with fraud, scams, and abuse.

If I can say, breaking the law and not liking the law are different than lack of clarity.

I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.

It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.