Silicon Valley’s ‘unicorns’ have regulators worried

Re:Silicon Valley’s ‘unicorns’ have regulators worried by paulsutter on Saturday April 02, 2016 @04:51PM (#11413372)

Mark Cuban points out that the SEC should be issuing clear guidelines instead of vague threats[1].

>Cuban argued the SEC should make clear rules so private companies and investors know where they stand with regulators ... "The one thing that could make the whole thing go backwards instead of forward is uncertainty," he said.

[1] http://www.cnbc.com/2016/04/01/mark-cuban-heres-the-problem-...

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Re:Silicon Valley’s ‘unicorns’ have regulators worried by caseysoftware on Saturday April 02, 2016 @09:11PM (#11414431)

But "clear guidelines" would mean that some would clearly be within the rules while some would be clearly breaking them.

It's a much stronger negotiating position for regulators to use a vague "well, we're not sure..." and leave themselves room to maneuver and potentially punish any of the 'unicorns' at any time.

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