TRob

NY Times: What's Coming Next at the SEC

Jack

It's not clear if you agree with what's stated in bold. Or, is it James Cox's comment? I wouldn't think this comes from you but perhaps I'm wrong. Thanks. Here is the statement again.

<The SEC has been pitching internationalization of markets like there's no one trading here any more. It's a good scare tactic, and it's effective for getting people to think their way. Accountability is a non-starter: it's the Achilles heel of these efforts, and there will probably be a good deal less of it.>