Mr Cooper Group Inc (COOP): Times they r changing- Washington Mutual...

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Planet Paprika

Re: Emptyhead post# 654012

Tuesday, 04/06/2021 10:23:20 AM

Tuesday, April 06, 2021 10:23:20 AM

Times they r changing- Washington Mutual, COOP & SEC
related ? You can decide....

https://www.investmentnews.com/wall-street-gets-shorter-sec-leash-202762

"Agency says it will make it harder for financial firms to obtain waivers from knock-on sanctions when they settle enforcement cases..."

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This article from 03/30/2021 is about SPACS, as Washington Mutual lived on as a SPAC.

https://www.politico.com/news/2021/03/30/sec-spac-wall-street-investors-478633

"And the SEC, which has been pressed by investor advocates for months to take steps to protect investors, is moving in.

"You shouldn't be able to use a SPAC to evade the disclosures and liabilities inherent upon taking a company public," said Rep. Brad Sherman (D-Calif.), chair of the House Financial Services subcommittee that oversees capital markets and investor protection.!