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Oh you missed that we hate the SEC lol It is a creature of the New Deal where many of its programs exist on shaky constitutional ground, existing primarily bec
by yieldcrv 2y ago
Oh you missed that we hate the SEC lol
It is a creature of the New Deal where many of its programs exist on shaky constitutional ground, existing primarily because standing with the courts is difficult to achieve
Although the New Deal is heralded in the history books, most programs of the new deal were declared unconstitutional within 10 years, and everything that remains should be heavily scrutinized with that knowledge
The SEC stands out like a sore thumb when you really look at it
When its not blatantly separating classes, it is the state arm of FINRA and openly captured.
Just keep EDGAR for financial reports and thats it. They can’t even explicitly define what insider trading is and isn’t.