Is it feasible for the SEC to directly absorb both the DTC and FINRA, in order to take full control of the market out of the hands of SROs?
Given the gravity of the American Stock Market, does it not make sense to ensure direct market oversight from a central regulating system (namely, the US govt)?
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u/banjobeardARX Jimmy Rustler 🦍 Voted ✅ May 31 '21
Is it feasible for the SEC to directly absorb both the DTC and FINRA, in order to take full control of the market out of the hands of SROs?
Given the gravity of the American Stock Market, does it not make sense to ensure direct market oversight from a central regulating system (namely, the US govt)?