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

Economist and golden advocator Peter Schiff has sounded the alarm astir the U.S. Securities and Exchange Commission (SEC) perchance changing the explanation of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authorization to unilaterally alteration the explanation of a ‘dealer,’ I expect tons of backstage investors to beryllium retroactively […]