Aug. 12, 2022
August 12, 2022 It stands to reason that self regulation is oxymoronical in nature. How does one governor thyself? Especially when those that regulate stand to gain capital, power, and influence over the future of our markets and our people by inhibiting transparency and oversight. Those who control the wealth of our people and nation, and how it is regulated, should not stand to gain or lose in its rise or fall. A captured regulator or self regulated entity will fail to do what is right for what gains power, influence, and capital. We have seen countless examples of mismanagement, fraud and capitulation on an international scale. A gross negligence with only fines that are a fraction of the crimes committed. When will those who abuse their power and reach be held accountable so the market can become real, trusted, and fair? When those who regulate it do so from a sense of purpose beyond capturing wealth for their interested parties and themselves. Bring this consortium of financial institutions under the lens so all people can see accountability in practice, not in word. Thank you for your time Gerald