Re:GameStop Is Rage Against the Financial Machine
by koheripbal on Wednesday January 27, 2021 @01:28PM
(#25931871)
False: https://secsearch.sec.gov/search/docs?utf8=%E2%9C%93&affilia...
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Re:GameStop Is Rage Against the Financial Machine
by koheripbal on Wednesday January 27, 2021 @02:31PM
(#25932752)
No - false. They cherry picked a data window...
> January 2016 through the end of the SEC fiscal year on September 30, 2017
If you look at the followup data, you can see both administrations are similar...
https://www.law.nyu.edu/sites/default/files/Fig3-SEEDNov2020...
...and then if you actually read my above link, you'd see numerous Insider Trading prosecutions (which was the original false claim made above).
Re:GameStop Is Rage Against the Financial Machine
by boringg on Wednesday January 27, 2021 @02:53PM
(#25933051)
You are correct that they cherry picked information. However you are still incorrect on the original assertion that SEC is not in fact neutered. There have been more enforcement actions but insider trading enforcement has been the lowest in decades:
source: https://www.npr.org/2020/08/14/901862355/under-trump-sec-enf...