This is scary stuff: the Securities and Exchange Commission is secretly compiling a database with every one of the billions of stocks traded by every American citizen.

Big Brother is looking over your shoulder to see what stocks you are buying and selling. Kudos to the National Review and the New York Post for exposing this abuse of power by our government.

Why is the government spying on our stock transactions? So they can go on fishing expeditions and accuse Americans of illegally buying and selling stocks. But as former Attorney General Bill Barr notes: this is a violation of our Fourth Amendment rights against illegal searches and seizures.

Fortunately, a consumer law foundation is suing the feds to bring this snooping into Americans’ private financial transactions to a halt. We will keep you posted.