Replies to post #4649 on Trump Media and Tech Group (NO Politics Allowed) (DJT)

[surfer44]

Yeah. That was a Yogi Berra moment for sure..

[janice shell]

No, with the SEC it's not like that. All proposed regulations have public comment periods that are months long. Some are even extended.

The SEC relies on two foundational laws, the Securities Act of 1934 (Securities Act) and the Securities Exchange Act of 1934 (Exchange Act). The Exchange Act created the SEC. Both have been amended many times. More recently, important laws that affect securities are Sarbanes-Oxley, Dodd-Frank, and the JOBS Act. You'll find links to all of them here:

https://www.investor.gov/introduction-investing/investing-basics/role-sec/laws-govern-securities-industry

The SEC makes its own rules within the structure of its governing laws. You'll find much more about that here:

https://www.sec.gov/page/regulation

There is nothing secret or hidden about any of this. You can, and should, read all about it.