security fraud is much lower and SEC is successful at enforcing cheaters. We need this level of regulation for kickstarter with equity to be successful, otherwi

security fraud is much lower and SEC is successful at enforcing cheaters. We need this level of regulation for kickstarter with equity to be successful, otherwise we are going to see innocent people getting duped easily and slip away without facing any restitution. I just don't see this happening without support from government regulatory body and without it, the result would be disastrous.