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No - false. They cherry picked a data window... > January 2016 through the end of the SEC fiscal year on September 30, 2017 If you look at the followup data,
by koheripbal 6y ago
No - false. They cherry picked a data window...
> January 2016 through the end of the SEC fiscal year on September 30, 2017
If you look at the followup data, you can see both administrations are similar...
https://www.law.nyu.edu/sites/default/files/Fig3-SEEDNov2020safe.jpg https://www.law.nyu.edu/sites/default/files/Fig3-SEEDNov2020...
...and then if you actually read my above link, you'd see numerous Insider Trading prosecutions (which was the original false claim made above).
- boringg 6y agoYou are correct that they cherry picked information. However you are still incorrect on the original assertion that SEC is not in fact neutered. There have been more enforcement actions but insider trading enforcement has been the lowest in decades: source: https://www.npr.org/2020/08/14/901862355/under-trump-sec-enforcement-of-insider-trading-dropped-to-lowest-point-in-decade?utm_source=facebook.com&utm_term=nprnews&utm_campaign=politics&utm_medium=social https://www.npr.org/2020/08/14/901862355/under-trump-sec-enf...