On the recordJuly 28, 2015
The confusion of how a firm would be reorganized would likely lead policymakers to ignore the orderly liquidation authority.
Source
congress.govThe confusion of how a firm would be reorganized would likely lead policymakers to ignore the orderly liquidation authority.
Toomey highlights risks of confusion in financial firm reorganizations.
Share
More from Pat Toomey
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 there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.