sec logo

Here are a few interesting observations about the challenges faced by the SEC in regulating securities markets and investment activities.  1. The SEC staff consists of 4,500 people and their areas of oversight include: 26,000 market participants, 10,000 mutual funds and ETF’s, 4,000 broker dealers, 650 municipal advisors, 400 transfer agents, 21 national securities exchanges,…

Read More

The recent SEC fraud charges against Longfin Corp (LFIN) are a good opportunity to take a broader look at the grossly misnamed “JOBS Act”, which substantially lowered listing standards while expanding the ability to target less sophisticated investors with risky securities. (Reminder: I am not an attorney and I do not provide legal advice. The…

Read More