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Their job is to make sure that the IPO document discloses everything material so that investors can make an informed decision. That’s it. In this case they wou
by lancewiggs 3y ago
Their job is to make sure that the IPO document discloses everything material so that investors can make an informed decision. That’s it.
In this case they would’ve been content with the disclosure that the entire business was at risk of being regulated, which is what’s happening here.
- Dylan16807 3y agoOne of their jobs is to protect consumers from unregulated securities. The earlier they act, the better, and right before IPO is the most impactful time they could intervene. > In this case they would’ve been content with the disclosure that the entire business was at risk of being regulated They don't have to do it, but they could make that risk disappear and it would be very good if they did so. So I wish they did have to make those decisions, unless there's some huge downside.
- AniseAbyss 3y ago[dead]