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Thanks SEC for ensuring that all the returns from high growth tech companies are accruing to foreign billionaires and corrupt oil princes rather than to america

by noddy1 8y ago

Thanks SEC for ensuring that all the returns from high growth tech companies are accruing to foreign billionaires and corrupt oil princes rather than to american retirement accounts and pension funds!

throwbacktictac 8y ago
How is the SEC liable? Is there some regulation preventing US investment houses from investing in the same manner?
- ryanmcgarvey 8y ago
  Unsophisticated Individuals certainly can’t invest in private equity, but I’m curious if there are similar rules against a pension fund or other such collection of unsophisticated money having high risk assets in their portfolio.
wrong_variable 8y ago
Pension funds probably wanted higher yield for lower capital. Why should a young founder/company/employee subsidize the lifestyle of the retired ? Capital is in the same competitive market as labour.