September 2, 2011
The SEC should not have any authority to change REITs offering investment opportunities wherein the they payout 90% of the earnings and therefore are not taxed. Instead, the investors pay full tax on dividends received. Also, the SEC should have no right to limit leverage.
As a retired person who depends upon the dividends from my REIT investments for income, you need to stop meddling and go after the banks and credit card companies.