• 14 Posts
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Joined 2 years ago
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Cake day: June 12th, 2023

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  • Agreed. Like so many things, I think law enforcement can help rein in the stock market. If there were a way to move the SEC under maybe the Fed(?) and require full funding of the agency as the cost of doing business on any stock market in the US (with similar institutions in other countries). Probably a flawed idea, but I think the goal is sensible: remove the SEC from political ambitions and whims and make the market directly fund its regulatory adherence.

    Also more people need to suffer severe prison sentences for financial shenanigans. We also need to go back to separate deposit and investment banks.