Not at all. the more light the better. Although they are pretty fragile at this early age. You always hear people say" get that light closer" well when there babies i think its better to have the light just a little bit further away than you normally would. I am only talking about seedlings that are less than a week old. Once they get to be about 2 weeks old and the leaves have gotten a little bigger, thats when you get it closer to the light.
For seedlings, you always want to give 24 hours of light. If you can give them 24 hours of light thru the whole veg, that would be really good too. I always give mine 20/4 just to let my bulb cool off for those four hours, otherwise i would give them 24/7 light.