I hear so much about the SEC in the last few weeks. Can anyone explain what's so important about this decision. why it's good for the market, and why we get rejected?
the SEC is a pseudostatist organ of the private american banking cartel that runs it in order to fake an altruistic legitimacy,
it is not statist or public as the united states is not a communist society it is simply a private lobby organization created to represent the regulatory interests of the american banking cartel.
the american banking cartel is selfregulated and runs basically the united states.
regards
The SEC could be decommissioned or ignored at a moments notice. The banking sector like some other business sectors is required to self regulate because the leading experts all work for the banks. You cannot have people without any knowledge of an industry regulating it. It's evidently a conflict of interest but it's much better than the alternative.