Gary Weiss writes that it's a close question. Joe Nocera makes the point that the SEC, by pursuing this "boorish" billionaire while not giving a damn about, for instance, Overstock restatement of financials, proves that the SEC is sinking into irrelevance.
The Dealerization of America by the SEC
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On Tuesday, February 6, 2024, the United States Securities and Exchange
Commission promulgated final rules relating to changing the definition of
dealer ...