The SEC.... Needs to be banned.....proven idiocy.... And replaced by people who are in touch with the markets..... SS ban....effective ? ........................................... Much like depending on Paulson/Bernanke for solutions.... Have not been right yet..... Nor has the SEC.... F'in FIRE THEM !!!!!!!!!!!!!!!!!!!!
And replaced by people who are in touch with the markets..... ----------------------- Just yakking here but if the SEC is an agency of laws rules and regulations, the focus and expertise would be on laws rules and regulations and not on the functions of trading. I understand how they are entwined but a lawyer is not concerned with the MO's of bank robbery but is concerned with the law as is a judge.
the focus and expertise would be on laws rules and regulations and not on the functions of trading. ...................................................... Exactly The market discovers prices.... Not the SEC.....
SEC is finished. Just listen to the rhetoric. What you get is much more onerous, but at least be on the take. For a few years, anyway.