The SEC has done such a bad job over DECADES in terms of reforming and updating normal activities in capital markets. Look at how stagnant the IPO process has been! That's an area where I've been active since 1995. I like to see strong regulation against fraud and to ensure transparency but maybe we need to start over and build a new SEC from first principles.
The SEC has done such a bad job over DECADES in terms of reforming and updating normal activities in capital markets. Look at how stagnant the IPO process has been! That's an area where I've been active since 1995. I like to see strong regulation against fraud and to ensure transparency but maybe we need to start over and build a new SEC from first principles.
Glad to see reductions. The best police force for the market is, well, the market.
Good. 👍🏻