Congress may modernize the SEC’s mission. Will it work? ...Middle East

The Hill - News

Buried inside the 212-page Financial Innovation and Technology for the 21st Century Act (FIT Act) is Section 504 — a single amendment to securities laws that could be a potent legislative check on the overzealous use of regulatory power by the Securities and Exchange Commission. Estimates show that regulatory bloat is expensive, costing the median U.S. public firm 4.1 percent of its equity value. Aggressive regulatory enforcement also drives U.S.-based startups to friendlier jurisdictions. What’s so significant about Section 504? While it’s not a complete reform — time would tell how effective it is — it just might provide a much-needed modernization of the regulatory agency’s 85-

Hence then, the article about congress may modernize the sec s mission will it work was published today ( Sunday 29/10/2023 - 08:25 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Congress may modernize the SEC’s mission. Will it work? )

Last updated : 29 October 2023 clock 08:25 PM

Also on site :

Congress may modernize the SEC’s mission. Will it work? ...Middle East

Patriots get positive injury updates on Christian Gonzalez, Khyiris Tonga

Trump rolls out framework on health care costs that’s silent on ACA tax credits

Trump Says U.S. ‘Shouldn’t Even Have an Election’ as He Threatens Insurrection Act

Arrest made in Georgia years after rapper was gunned down in Ohio over a music video

‘Proud’ Ashton Kutcher makes rare comment about ex-wife Demi Moore

We Now Know What Caused the Verizon Outage

ESPN Analyst Predicts Steve Kerr Is ‘On His Way Out’ as Warriors Stumble

Foo Fighters celebrate Dave Grohl’s birthday with Kia Forum benefit concert

Criminals detained in hospitals could lose thousands in benefits under plans

Colorado’s governor gave his 8th and final State of the State speech. We analyzed everything he said.

Dave Filoni Is Taking Over Lucasfilm From Kathleen Kennedy

Say Her Name: Kada Scott Killed After Philly DA Krasner Dropped Charges — Now He Wants to Jail ICE Agents

Travel Leaders Network Adds Over 300 Member Agencies in 2025

Takahiro Norimoto To Stay In NPB, Sign With Yomiuri Giants

Criminals in hospital to lose benefits as Labour closes ‘loophole’