Given the significant turmoil in the US and global financial markets in 2008 and 2009, and spectacular
Given the significant turmoil in the US and global financial markets in 2008 and 2009, and spectacular examples of corporate demises such as Enron, Arthur Andersen, and Lehman Brothers, do you believe that the SEC has not performed its mandated role, or that the magnitude of these changes could not have been prevented regardless of what agency was charged with regulatory oversight? Is it prudent or advisable to abolish the SEC, and would a new organization do a better job? Do you believe that the SEC?s perceived weaknesses are a result of institutional failures or leadership failures?;Or do you think that the SEC has merely been a convenient lightning rod to distract attention away from fundamental failures by elected officials to properly construct a sound regulatory framework?;Finally, you may wish to consider in framing your position whether or not the SEC has provided ordinary investors with greater confidence or lesser confidence vis-?-vis investing in publicly traded securities.
Paper#31892 | Written in 18-Jul-2015Price : $27