top | item 43488959

(no title)

rodgerd | 11 months ago

I mean it's true that there's a rule, but at this point in US history I think we have reason to be sceptical that it will be enforced.

discuss

order

toomuchtodo|11 months ago

The SEC selectively enforcing the rule does not prohibit a shareholder suit against the company. "Everything Everywhere Is Securities Fraud" after all.

devman0|11 months ago

Additionally, while not specific to this SEC enforcement action, corporations also have to think long term, just because this administration is not enforcing laws, doesn't mean the next one can't reach back and do so, the laws are still on the books after all.