4 ms·
I think the concept is more like, you may participate (invest) but if you don't, you have no standing to have an opinion. (other than the fact that you didn't i
by polynomial 1y ago
I think the concept is more like, you may participate (invest) but if you don't, you have no standing to have an opinion. (other than the fact that you didn't invest, which represents your opinion.)
- pessimizer 1y ago> if you don't, you have no standing to have an opinion. Are you saying that they're saying something stupid? The vast majority of companies are regulated by non-investors; and when companies are regulated by people who are also investors, we think it is a problem rather than a requirement for the regulators to have an opinion.
- CGMthrowaway 1y agoA regulator's job is the protect the public interest, nothing more. Certainly not shareholder interest, except to the extent that it overlaps with the public interest. They don't run the company and they don't make decisions for the company or stop decisions because something might be a bad deal for the shareholders. Conflicts of interest and self-dealing are not illegal if properly disclosed.