private vs public example.
in an ideal society (see for example http://zoxor.com/my-questions/ideal-society-alignment/3.htm and http://zoxor.com/my-questions/ideal-society-alignment/4.htm) something like the SEC would not be a government agency that imposes and prohibits shit when someone wants to invest in someone else. in an ideal society, people are free to make their own investment arrangements, but they can --not HAVE TO, the CAN-- use the SEC ***not*** as an obligatory govt entity but as a private company that puts their brand name and standards on that investment. same goes for anything, from brands and standards for the house you buy to brands and standards for a private security force to brands and standards for the air you fuckn breathe in a territory, etc etc etc. FREE CHOICE.