“Former U.S. Securities and Exchange Commission staffers who now work in the private sector may have helped derail last year’s effort to reform the $2.6 trillion money market fund industry, a report said. The case study on money market fund lobbying is part of a 60-page report by the Project on Government Oversight (POGO). It is one example within a broader review by the non-profit government watchdog that examines in detail how the ‘revolving door’ at the SEC may have impacted policy and enforcement decisions over a 10-year period.”
http://www.thedailybell.com/28687/Paper-Claims-SEC-Regulation-is-Biased–In-Other-News-Sky-Is-Blue
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Bernanke’s Helicopter, and a Note About 9/11
On This Day in 1933
How Do You Turn a Leftist into a Warmonger?
1,700,000 Foreclosures Are in the Pipeline.
Florida City Caught Issuing 1645 Camera Tickets On Shortened Yellow
Florida City Forced To Drop $10,000+ In Fines Against Home's 'Starry' Paint Job
Los Angeles City College Trustees Ban the Word “Gun” From Course Catalog
Federal Reserve Issues a Toothless Report on the Big Banks
Central Bank Lies & Consequences
UBS' Friedman: US Might Have to Bail Out Chinese Banks
Historic 1oz gold coin goes for $4.6 million at auction
Big Banks Start Campaign to Destroy Credit Unions
Millions of high-security crypto keys crippled by newly discovered flaw
Assange on NSA leak: Snowden will be prosecuted for years
H.K. Politician's Son-In-Law Won't Face Charges For TSA Impersonation