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https://www.sec.gov/spotlight/enf-actions-fc.shtml https://www.sec.gov/spotlight/enf-actions-fc.shtml
by totalZero 6y ago
https://www.sec.gov/spotlight/enf-actions-fc.shtml https://www.sec.gov/spotlight/enf-actions-fc.shtml
- Someone1234 6y agoRight, as I said. They essentially got away with it, even with most of their profits intact. A couple got a short suspension, but they're likely back at it today.
- totalZero 6y agoWell, no, here's what you said: > the SEC is a rotating door between these same firms, so have no reason to intervene. The SEC can intervene, and does intervene. I don't know why you're talking about jail. The SEC doesn't throw people in jail. It doesn't even have the ability to file criminal charges by itself; prosecutors like the US Attorney for the Southern District of New York do that. And they have. Besides, I don't think this situation is similar to the financial crisis for several reasons. Not the same actors, not the same markets, not the same securities...