On the recordNovember 1, 2023
Did I hear you say that there was a study that showed 80 percent of all of the rulemaking coming out of the SEC has no congressional mandate?
Source
congress.govDid I hear you say that there was a study that showed 80 percent of all of the rulemaking coming out of the SEC has no congressional mandate?
Huizenga questions the authority of SEC rulemaking based on a study.
Share & report
More from Bill Huizenga
But, at the end of the day, this is a shameful situation all the way around.
If you are not willing to enforce the rules and the laws that are already on the books in the systems that are in place, just adding a new system isn't necessarily the solution.
Materiality is the watch word. And the most recent disclosure rule that the SEC has issued is not material.