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Regulation leads to regulatory capture which leads to power and information imbalances that are great substrate for fraud. The stock market (not just penny stoc
by solosoyokaze 6y ago
Regulation 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.