We gave a lot more time; whereas, the swap dealers might have, for instance, 30 minutes to report their trades this year, the end user to end user trades we gave--I cannot remember--in some circumstances 2 days, in some circumstances 3 days.
Gensler discusses the different reporting timelines for swap dealers and end users.
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The only thing political is protecting the American public, which I think Members of both sides of the aisle will probably agree with.
This extreme MAGA shutdown would cripple the SEC's ability to stop fraud, help businesses raise money, or finalize rules that are critical to investors.
If I can say, breaking the law and not liking the law are different than lack of clarity.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.
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