SEC charges Netflix insider trading ring

Re:SEC charges Netflix insider trading ring by traceroute66 on Wednesday August 18, 2021 @07:43PM (#28228634)

I think that's a little bit too cynical.

For a start "company loves law for the sake of law". The company is operating in (a) a highly regulated environment (b) likely wishes to avoid the fines and adverse publicity associated with non-compliance. Its nothing to do with "loving the law".

But each to their own interpretation I guess.

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Re:SEC charges Netflix insider trading ring by komali2 on Wednesday August 18, 2021 @11:07PM (#28229911)

Cynicism from a generation that weathered two massive downturns / recessions with almost no real consequences for those responsible is to be expected.

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Re:SEC charges Netflix insider trading ring by throwaway0a5e on Thursday August 19, 2021 @08:50AM (#28233171)

>Cynicism from a generation that weathered...

I don't disagree in principal but...

I called the behavior Redditesque for a reason. Comments portraying regulatory agencies as all-seeing gods ready to smite anyone who dares not display their faith enthusiastically enough let alone materially violate the rules are wildly popular there. Cynical realpolitik takes (e.g. "MHSA will show up and fine you for everything they can while doing nothing to materially improve safety") on regulatory enforcement are very much unaccepted over there. Millennials and gen Z, exactly the people you'd expect to be the most cynical are also over-represented there compared to the general population. So clearly there's some other mechanism at play.

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