On the recordDecember 11, 2012
We did an interpretation to try to interpret it so that foreign regulators could have access...
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congress.govWe did an interpretation to try to interpret it so that foreign regulators could have access...
Gensler explains the interpretation for foreign regulators' access to data repositories.
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It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.
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.