There is a New Sheriff in Town at the Securities Exchange Commission
- Details
- Category: Politics
- Published: Friday, 09 August 2013 22:48
- Written by Roger Caldwell
The Security Exchange Commission is a federal regulatory agency that is designed to protect investors and eliminate insider trading, accounting fraud, and misleading information about securities. Stock market trading is a risky business and the SEC keeps things fair and transparent for large and small investors. Each year the SEC brings hundreds of civil enforcement actions against individuals and companies for violation of the securities laws.
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Governor Scott is the richest governor in Florida’s history, and he accepts no salary and he travels in own personal jet. This year he purchased a new jet and there are no financial records, because it is not in his name. The legislature was extremely happy about the new ethics law that Scott signed, but no one feels there should be a financial disclosure, when the governor rides around in a new plane.
As an African American, I would unequivocally acknowledge that conditions have improved and changed for Black people since the sixties. There is a Black president and family in the White House, and there are more Black mayors and local/state politicians than ever before in the history of the country. These are irrefutable facts and it appears that America is turning the corner, and Blacks should be content and satisfied.