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Founders, employees, institutional and retail investors got together and voted for the SEC? Are you sure about that?
by conanbatt 9y ago
Founders, employees, institutional and retail investors got together and voted for the SEC?
Are you sure about that?
- gamblor956 9y agoAmerica is a republic. Founders, employees, institutional, and retail investors got together, voted for Congressional representatives who then wrote the law creating the SEC and investment rules decades ago. In the decades since, Founders, employees, institutional, and retail investors have continued to elect Congressional representatives who have strengthened and broadened those rules.
- conanbatt 9y agoReally. So if you made a public vote about removing the accredited investment requirements and 51% of the people voted against it, it would blow your mind entirely?