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Expert Analysis - Opinion

The SEC Is Engaging In Regulation By Destruction

By J.W. Verret ( April 1, 2024, 1:50 PM EDT) -- The term "regulation by enforcement" was coined in 1990 by Harvey Pitt in his days as a Yale law professor, about a decade after he served as general counsel of the U.S. Securities and Exchange Commission and before he became chair of the SEC. The warning was eerily similar to President Dwight D. Eisenhower's farewell address cautioning about the growth of the military-industrial complex....

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