What do you think of the proposal, all three of you, that I made, which is that the SEC should be able to use the fees that it gets?
The SEC clearly needs more resources, but it is only one of two financial regulators that must go begging to Congress ev...
The pace of reforms is rapid, but it needs to keep that same pace going forward.
Look, I am not asking you how you have corrected it.
It is just astounding. I mean, this was not just a mistake.
It was just sheer incompetence.
Since the market crashed.
More complex products and less transparency equals a greater possibility of fraud and wrongdoing.
The bottom line is, while the SEC may need new laws and new tools, they had all the laws necessary on the books to catch...
If you could go lower, would you give them a lower grade than that?
The SEC apparently couldn't hit the broad side of a barn if you gave them a shotgun and directions.