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You know what...
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this post was submitted on 09 Dec 2023
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Very few people with personal assets under 100k are buying individual stocks to begin with. Normal working-class people, if they're saving at all, are very likely just buying mutual funds inside their retirement accounts.
Frankly, you'd have to really be trying in order to be in the tiny Venn diagram intersection of people who would (a) be screwed by the above commenter's proposal and (b) deserve sympathy for it. IMO it's not worth carving out an exception for.
Companies issue stock grants in lieu of additional salary to incentivise employees to stay. any impact to stocks would also take away money from labor.
would also open up corporate warfare to who can fund corporate espionage or politicians to close down competitors.