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1 Comment
Wall Street Breakfast: Must-Know News [view article]
I think Mathman needs to look up the word oxymoron. That's two words that don't make sense together. Under his argument, "false rumors" is simply repetitive. He also needs to look up dubious. While rumors should be evaluated with a dubious eye, rumors may be false or may be true. The SEC is not concerned about people spreading true rumors, even if the truth is spread to make money.They are concerned about spreading false rumors or lying.
The SEC needs to be given power to oversee hedge funds. The classic argument against this of course is that the investors in hedge funds are sophisticated individuals and institutions who do not need to be protected.
The problem is, who is going to protect the markets against hedge funds? Jul 15 01:24 PM