It suggests bad faith to ask why the SEC didn't crack down earlier. Sure, it was politics, but it seems entirely understandable.
We all know that before the crypto bust, a lot of people would've been starting a witch hunt if the SEC had tried to enforce the law. Congress, for starters.
Gensler is being opportunistic now because that's the reality they have to work with.
The wealthy and powerful in this country take it on themselves to personally ruin public servants who get in their way sometimes.
No, it's impossible to prosecute every violation of law, and this has been true since the beginning of time.
Would you agree that each library can't have every book ever written, and do you think there is a distinction between not selecting a book and "banning" it?
A library can't have every book in the world. This doesn't mean that not selecting a book is exactly the same as "banning" it. It does mean the issue is nuanced.
>>The wealthy and powerful in this country take it on themselves to personally ruin public servants who get in their way sometimes.
Oh poor Gensler, former banker turned regulator worth $100 million, getting push back when he robs people of their right to invest their money how they want.
We all know that before the crypto bust, a lot of people would've been starting a witch hunt if the SEC had tried to enforce the law. Congress, for starters.
Gensler is being opportunistic now because that's the reality they have to work with.
The wealthy and powerful in this country take it on themselves to personally ruin public servants who get in their way sometimes.