SEC Votes To Ease Rules On Company's Business, Legal Proceedings And Risk Factor Disclosures

Bugsy · Aug 26, 2020

Moments ago, the top US regulator voted to ease rules on a company's business, legal proceedings and risk disclosures, paradoxically at a time when frauds like Wirecard run rampant and not even their auditors can catch them at the act.
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What it really meant is that it will now be even easier for companies to engage in fraud and have a perfectly legal claim that the SEC never required them to disclose various shady aspects of their business.
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https://www.zerohedge.com/markets/s...legal-proceedings-and-risk-factor-disclosures

Cuddles · Aug 26, 2020

oh, there's nothing 'paradoxical' about it.

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SEC Votes To Ease Rules On Company's Business, Legal Proceedings And Risk Factor Disclosures

Bugsy

Cuddles