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The SEC has similar autonomy in regulating that you describe. Congress does not legislate the rules that the SEC holds firms to.
by pgwhalen 1y ago
The SEC has similar autonomy in regulating that you describe. Congress does not legislate the rules that the SEC holds firms to.
- mlrtime 1y agoNot entirely true, Operation Chokepoint 2.0.
- pgwhalen 1y agoI'm not sure how this is related. The so-called "Operation Choke Point 2.0" (which as far as I can tell is just a term used by the Trump administration to describe behavior of the Biden administration) is about bank regulation, which is not under the purview of the SEC.
- DrillShopper 1y agoThey (presumably) do after Chevron deference was killed
- pgwhalen 1y agoI don't think this exactly the takeaway of Loper Bright Enterprises v. Raimondo. It just means judges have more power to weigh in with their own opinions when there is ambiguity involved, not that all the specifics of implementation _have_ to be specified to mean anything.