No...allow a free market its freedom.
Having said that I will not invest in an IPO because I'm too afraid of being scammed. Plus I favor a fair (i.e., non-premined) start.
Freedom is a tricky concept. Personally I'd feel
less free if the society I lived in allowed individuals to try scam me without consequences. The scammers at the same time I'm sure would fell more free if this behavior was allowed. If you scam someone on the free market you are talking about your freedom will pay the price, i.e. jail time.
Freedom for scammers has nothing to do with free markets.