Sep. 14, 2023
There do not need to be any more extensions given to this insane continuance since Dec 2016. This should have been implemented 7 years ago. The SEC has a $2 billion/year budget. It amazes me that instead of implementing what the SEC called for 7 years ago, this regulatory body has been giving extensions. Financialization is part of modern day America, to the detriment of the average worker. The blood sucking tick is undoubtedly latched onto the regulatory bodies that have the scrotum to even pose this as proof of their work. If the SEC had any shame, they would exhibit some. Instead citizens get legalese and excuses about how commissioners’ words don’t reflect the agency, how markets are fair and more hot air. These same firms the SEC aims to protect by giving them more time with bogus collateral claims get fined for a few hundred thousand on schemes that net hundreds of millions. The mask has been ripped off, American citizens just refuse to look. Corruption, pay to play bribery, it’s in plain sight. This type of procedure to delay and pretend this is not planned is insane. How is a citizen to believe that the commission is regulating appropriately? Have some shame and implement what you said you were going to do 7 years ago. What could be delaying this? Bribes? Threats? Leverage? The SEC lets everyday people suffer to support the egos of a small group of sociopaths.