Jun 18, 2010 9:42 AM, By Bill Singer
The SEC is a gas-guzzling dinosaur of a vehicle whose engine warning-light went on years ago. It is a wheezing, dyspeptic boiler in our basement. Nothing good will come of this....
READ THE FULL ARTICLE AT: http://registeredrep.com/securities_law/uk_junks_fsa_what_about_sec_0618/
Re-read Bill Singer's June 2009 Forbes article "Obama's Titanic Regulatory Overhaul" for some fascinating context: http://www.forbes.com/2009/06/18/bill-singer-obama-intelligent-investing-regulate-banks.html