SEC Commissioner: We Shouldn't Be Promoting Investor Confidence
SEC Commissioner Michael Piwowar, said in a speech to Cato recently that the goal of the SEC should not be to "promote investor confidence," but instead to "promote investor skepticism." This is a scary example of a radically libertarian philosophy that could cause our financial system to melt down in a big way.
sec commissioner promote investor confidence sec commissioner michael piwowar say speech cato recently goal sec promote investor confidence instead promote investor skepticism scary example radically libertarian philosophy cause financial system melt big way