Chapter
The Neutered SEC
21:47 - 29:08 (07:21)
The SEC has been defanged since the 2008 financial crisis, making it difficult to regulate business practices and investments. Money disbursed by the Chamber of Commerce and Business Roundtable to sway congressional races have neutered the SEC of its power, where members of Congress have decided to not fund the regulatory body to fulfill its duties.
Clips
The SEC doesn't have enough money to regulate and police financial markets via social media.
21:47 - 25:43 (03:55)
Summary
The SEC doesn't have enough money to regulate and police financial markets via social media. However, investors can use social media to understand alternatives, in order to identify targets.
ChapterThe Neutered SEC
EpisodeJon Talks Stocks and Ukraine
PodcastThe Problem With Jon Stewart
The current system of capital formation requires trust from investors for businesses to make investments in infrastructure and hire people.
25:43 - 29:08 (03:25)
Summary
The current system of capital formation requires trust from investors for businesses to make investments in infrastructure and hire people. If people believe in the market and that it is not a casino, capital formation can improve, which will help fund the SEC to regulate the industry.