Ok, I've seen enough. Thread: Role of the SEC
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The SEC's existence is NOT the scandal. The scandal is that the SEC takes a settlement payoff and elects not to prosecute. https://www.sec.gov/news/press-release/2013-187 … https://www.sec.gov/news/press-release/2018-112 … https://www.sec.gov/news/press-release/2017-98 … https://www.sec.gov/news/pressrelease/2015-168.html …
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Heres the truth: When a corporate "settles" with the SEC, it pays the SEC, and admits no fault or guilt, and the game goes on. Imagine what would happen if the threat of regulation was nonexistent. It would be a predatory corporate nightmare. Singed, - a Trader
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