How would a securities exchange avoid being regulated by the securities and exchange commission?
How would a securities exchange avoid being regulated by the securities and exchange commission?
By having a Governor who's friendly with the President?
The President has a good amount of sway over the SEC. https://www.usatoday.com/story/money/legal/2025/03/03/sec-dr...
SEC Chair says they are going to hunt crooks more aggressively, but won't leverage dawn raids as much to chase technical violations.
> US SEC buyouts hit legal, investment divisions hardest, data shows https://www.reuters.com/business/world-at-work/secs-legal-in...
> SEC Formally Withdraws Fourteen Rule Proposals https://www.proskauer.com/alert/sec-withdraws-fourteen-rule-...
The actions generally do not seem to match the words, and seem to point to a general trend of deregulation and lack of oversight (as the administration has said they would do, and especially in the crypto space has essentially stopped prosecuting crimes)
>> will be to not be overseen by the SEC in some important capacity.
Your articles don't dispute this.
As for whether oversight will be "weaker" and more de-regulated, maybe.
1. There's a headcount reduction. At worst, there's a quote that some really experienced watchdogs are out the door. Hard to tell until we get outcomes.
2. As for withdrawal of proposals, look closer.
> Although most observers doubted that the current Commission would adopt these proposals
Which makes it sound like the proposals were just withdrawn for later submittal and new discussion. Footnote #1 goes into how this isn't really unprecedented, citing similar withdrawals (or resets) under the Biden admin.