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How Would the SEC Change Under the Fed?


Our unscientific poll.


Soon after FEMA replaced the CIA as the most-incompetent federal agency, the US Securities and Exchange Commission (SEC) decided to make a claim for the crown. For the past few years, the SEC has done its best to do its worst: A complete absence of oversight, an active disregard for red flags, and a generous dash of cronyism.

In response to the SEC's inefficiency, President Obama is considering shifting some of its responsibilities to a new commission under the Federal Reserve.

With the transfer in powers, Minyanville asks: How would SEC operations change under the Federal Reserve?

How Would SEC Operations Change Under The Federal Reserve?

Bankruptcies of US industries and sudden increases in government subsidies made simultaneous.

With most economic problems stemming from congressional legislation, the agency can better pinpoint the source of the trouble.

Job performance now largely dependent upon state of economy.
"Blue-sky laws" renamed so as to avoid any suggestion of environmental funding.

Compared to the national debt, defrauding people of mere millions will be deemed an acceptable loss.
Heads of Ponzi schemes given top-level-adviser positions.

Pitch-perfect representation of the old saying "It takes a thief to catch a thief."
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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