It's a bad way to enforce these laws. I didn't chastise anyone for disagreeing nor did I say anything was different because something happens on a computer. And

It's a bad way to enforce these laws. I didn't chastise anyone for disagreeing nor did I say anything was different because something happens on a computer. And I never said the regulations shouldn't apply, but that I think they should be enforced like, say, tax or employment regulations and punish the offenders instead of artificially limiting the players. Maybe you're referring to someone else's comment? Can you help me become familiar with the historical SEC failure that prevents them from accepting applications for non-accredited investment without strict preemptive oversight? Or more simply why can't I register a security like I register a company? Because my historical understanding is RegD has been there since the beginning of the SEC.