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Stocks are heavily regulated as well. Regulation and fraud are orthogonal to each other.
by solosoyokaze 6y ago
Stocks are heavily regulated as well. Regulation and fraud are orthogonal to each other.
- JumpCrisscross 6y ago> Regulation and fraud are orthogonal to each other This is a heady statement. It goes against all the research I've seen about international markets, though I'm open to changing my view.
- solosoyokaze 6y agoRegulation leads to regulatory capture which leads to power and information imbalances that are great substrate for fraud. The stock market (not just penny stocks) is highly regulated but I think we could all agree there's fraud happening. Happy to read any links you have that has evidence contrary to that though.
- paulryanrogers 6y agoDeregulation leads to collusion and centralization which are great for gouging. Regulatory capture is corruption. In every scenario we need transparency and enforcement of agreed upon rules to maintain a balanced playing field.
- arcticbull 6y agoIt’s so weird that when what could be dumped into a river got regulated, the river stopped catching fire. Is that orthogonal too? Maybe a coincidence? [1] https://clevelandhistorical.org/items/show/63 https://clevelandhistorical.org/items/show/63
- mateo411 6y agoThe Cuyahoga River catching fire was motivation for creating the EPA.