On the recordMarch 17, 2021
If there is strong data suggesting that there is a risk to profitability, then the SEC framework requires that those be disclosed.
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congress.govIf there is strong data suggesting that there is a risk to profitability, then the SEC framework requires that those be disclosed.
Toomey explains SEC regulations on disclosing material risks.
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We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.
I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.
But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.