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> SEC set to see hundreds leave through buyout, retirement offers https://www.politico.com/news/2025/03/21/sec-buyouts-retirement-offers-departures-00243673 htt
by hobs 1y ago
> SEC set to see hundreds leave through buyout, retirement offers
https://www.politico.com/news/2025/03/21/sec-buyouts-retirement-offers-departures-00243673 https://www.politico.com/news/2025/03/21/sec-buyouts-retirem...
> US SEC buyouts hit legal, investment divisions hardest, data shows
https://www.reuters.com/business/world-at-work/secs-legal-investment-markets-divisions-cut-up-19-staff-after-buyout-program-2025-05-15/ https://www.reuters.com/business/world-at-work/secs-legal-in...
> SEC Formally Withdraws Fourteen Rule Proposals
https://www.proskauer.com/alert/sec-withdraws-fourteen-rule-proposals https://www.proskauer.com/alert/sec-withdraws-fourteen-rule-...
The actions generally do not seem to match the words, and seem to point to a general trend of deregulation and lack of oversight (as the administration has said they would do, and especially in the crypto space has essentially stopped prosecuting crimes)
- caminante 1y agoGoing up-thread, here's the original claim under contention: >> will be to not be overseen by the SEC in some important capacity. Your articles don't dispute this. As for whether oversight will be "weaker" and more de-regulated, maybe. 1. There's a headcount reduction. At worst, there's a quote that some really experienced watchdogs are out the door. Hard to tell until we get outcomes. 2. As for withdrawal of proposals, look closer. > Although most observers doubted that the current Commission would adopt these proposals Which makes it sound like the proposals were just withdrawn for later submittal and new discussion. Footnote #1 goes into how this isn't really unprecedented, citing similar withdrawals (or resets) under the Biden admin.
- hobs 1y agoSure, I am just saying the comment about "hunting crooks more aggressively" seems to run counter to their anti-regulation stance, and their active lack of hunting crooks.