TruthArchive.ai - Tweets Saved By @stephmase22
reSee.it AI Summary
The SEC has welcomed DOGE, but I believe their focus should shift from spending cuts to addressing collusion with market manipulators. The SEC seems more like facilitators than regulators, allowing significant crimes to go unchecked. I think @elonmusk understands the real issues at play.
@stephmase22 - Stephanie 🇬🇧🇺🇸🦍
📢 @DOGE HAS ARRIVED AT THE @SECGov 🚨 But I don't think hunting for spending cuts should be priority. I think PRIORITY should be the colluding with Market Manipulators and small fines for huge crimes without admitting or denying wrongdoing should be PRIORITY‼️ BEING FACILITATORS NOT REGULATORS. The amount of crime that has been facilitated by the SEC @GenslerArchive @HesterPeirce Mark Uyeda and the rest of the 🤡🤡 that work there. I know that @elonmusk knows exactly what to LOOK FOR 👀👀
Video Transcript AI Summary
The speaker claims the SEC never pursued hedge funds for shorting and distorting Tesla, even when they allegedly lied on TV to harm retail investors. The speaker attributes this to a flawed incentive structure within the SEC. SEC lawyers are allegedly underpaid and seek high-profile cases to enhance their resumes for future employment at high-paying law firms. The speaker alleges these lawyers avoid targeting hedge funds because those funds are clients of the law firms they aspire to join. According to the speaker, this dynamic leads to regulatory capture, where small investors are sacrificed for the lawyers' career advancement.
Full Transcript
Speaker 0: But but not once did the SEC go after any of the hedge funds who were nonstop shorting and distorting Tesla. Not once. They would lie flat the hedge funds would lie flat out on TV for their own gain at the expense of retail investors. Not once, literally a thousand times, not once did the SEC pursue them. How do you explain this failure and The incentive structure is is messed up because the the the lawyers at the SEC are not paid well.
They they it's a fairly low paying job. But they're what they're looking for is a trophy from from the SEC that they're looking for something they put on basically, their LinkedIn. Yeah. From that, they can get a job at a high paying law firm. That's exactly what the lawyer here did.
And and and and the and the reason they don't attack the the hedge funds is because those hedge funds employ those law firms. And they know if they attack the hedge funds, they're affecting their pure their future career prospects. So they sell small investors down the river for their own career. That's what actually happens. Regulatory capture.
Regulatory capture. Yeah. Not
@ReesePolitics - Reese Politics
BREAKING: DOGE arrives ON SITE at the SEC, gains FULL access to all network files, data and systems. Here. we. go. https://t.co/nukIoCIaZ0
