Electric-vehicle companies, often raising capital through dubious mergers, have a problem with the truth, and it’s a problem for all of us on this planet.
SEC
Posted inEconomic Policy
What the New Sheriffs of Wall Street Can Do
Biden has empowered a crop of aggressive financial regulators. They’ll need to look beyond the banking industry and into finance’s darker corners.
Posted inMoney, Politics, and Power
Gensler Punts in Fight Over Auditing Watchdog
The SEC chair installs a corporate defense lawyer to run the Public Company Accounting Oversight Board.
Posted inLaw and Justice
The End of Forced Arbitration?
Persistent advocates and new strategies have led some companies to relent on blocking access to courts. But there’s a long way to go.
Posted inEconomic Policy
Financial Reformers to Biden: Start Nominating Regulators!
Several positions are vacant, as Wall Street reform appears to fall off the priority list.
Posted inEconomic Policy
Biden Needs to Be Wary of Crypto Grifters
The administration has a host of options to create a public option for digital currencies and use regulatory tools to prevent fraud and abuse.
Posted inEconomic Policy
Plumbing the Depths at the SEC
It’s not enough to just get a new progressive chair. All of the key staff positions are also worthy of attention.
Posted inEconomic Policy
Which Side Is Gary Gensler on?
Why did the new SEC chair appoint Wall Street power lawyer Alex Oh, cited for ethics violations while representing Exxon, to head the commission’s enforcement division?
Posted inMoney, Politics, and Power
The GameStop Mess Exposes the Naked Short Selling Scam
A decade ago, a Biden confidant tried to stop it. Now there’s another chance.
Posted inEconomic Policy
The Financial Reforms We Need
A conversation with former SEC official Lynn Turner, one of the great crusaders for fair and transparent markets