SEC Commissioner: We Shouldn't Be Promoting Investor Confidence
Category: POLITICS
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.
By Mike Lux, ContributorPresident at Mike Lux Media, 2015-06-14