3 ms·
Can you substantiate that a bit more? Is that even how it works in the SEC?
by linkregister 9y ago
Can you substantiate that a bit more?
Is that even how it works in the SEC?
- Renevith 9y agoThat how the conspiracy-minded assume it works because it fits their world view better, but there's little evidence to support it. Insightful finance journalist (and former investment banker) Matt Levine often suggests that the revolving-door incentives are the reverse: Create tough and complicated regulations while you work at the SEC so that a big bank will have to hire you to help navigate those regulations. Some examples where he has written about this issue: https://news.ycombinator.com/item?id=11545117 https://news.ycombinator.com/item?id=11545117