imo they actually can't do that the entire market would implode vs the slow death by 1000 cuts ..in place now
it took me a few years to understand exactly *why* the sec could never implement the incredibly simple yet imo effective suggestion put forth by former senator ted kaufman
if obama wins re-election the best thing he could do is toss mary schapiro out on her ass and have kaufman become sec chairman .. unless of course he too has been captured in the last year or so (referencing kaufman)
interview with kaufman worth watching considering the interviewee is the master fomenter himself ..
Maybe a miracle will happen and the SEC will actually start enforcing it's own rules........
Nooooooooooooooooooo!!!!!!!!!! Every time the SEC enforces it's own rules I'm on the short end of the stick. And don't get me started on FINRA bunch of good for nothing -ç_è-'(é&ing aholes
I cringe every time a new rule comes out to "protect" the individual investor.
Somewhere at the SEC must be a thesorus that says protect is the same as screw.