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>If the US SEC were replaced by 50 per-state SEC In the US, states perform a fallback-SEC role for certain investments. While state-level commitment to combatt
by unyttigfjelltol 1y ago
>If the US SEC were replaced by 50 per-state SEC
In the US, states perform a fallback-SEC role for certain investments. While state-level commitment to combatting fraud may also be questioned— looking at you Kansas— the existence of a backup system does provide a useful “now entering Oz” kind of warning.
[1] https://www.investopedia.com/terms/b/blueskylaws.asp https://www.investopedia.com/terms/b/blueskylaws.asp