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> Look at Elon Musk and his companies. The SEC is the only financial regulatory body that is a real public institution. Isn't everything else just private corp
by chaostheory 6y ago
> Look at Elon Musk and his companies.
The SEC is the only financial regulatory body that is a real public institution. Isn't everything else just private corporations who only give the impression that they're public regulatory bodies?
Given Wall Street's lobbying power, the regulatory bodies for Wall Street has always been weak. I don't foresee this changing for the same reason.