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Former Chair Mary Jo White Says SEC is "Dead Wrong"


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https://fortune.com/2021/02/19/ripple-sec-lawsuit-mary-jo-white-crypto-unlicensed-securities-xrp/ Any guesses on why so many sites don't have a comment's section anymore. Would like to throw a fe

I think you answered your own question. It's hard to disseminate propaganda when the sheep keep bleating back at you.

What exactly do you think is wrong? Mary Jo White sounds like she was a terrible SEC chair (see below) and now she is being paid by Ripple to attack the SEC. What a surprise. On June 2, 2015

9 hours ago, RobertHarpool said:

https://fortune.com/2021/02/19/ripple-sec-lawsuit-mary-jo-white-crypto-unlicensed-securities-xrp/

Any guesses on why so many sites don't have a comment's section anymore. Would like to throw a few corrections at this author. 

 

I think you answered your own question. It's hard to disseminate propaganda when the sheep keep bleating back at you.

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On 2/20/2021 at 2:40 AM, RobertHarpool said:

Any guesses on why so many sites don't have a comment's section anymore. Would like to throw a few corrections at this author. 

Seems an explanation of an average xrpchat user providing it's opinion and not by an ex SEC chair and lawyer. More a poor article rather than a wrong article.

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On 2/20/2021 at 1:40 AM, RobertHarpool said:

https://fortune.com/2021/02/19/ripple-sec-lawsuit-mary-jo-white-crypto-unlicensed-securities-xrp/

Any guesses on why so many sites don't have a comment's section anymore. Would like to throw a few corrections at this author. 

 

What exactly do you think is wrong?

Mary Jo White sounds like she was a terrible SEC chair (see below) and now she is being paid by Ripple to attack the SEC. What a surprise.

On June 2, 2015, Senator Elizabeth Warren wrote a letter to White indicating that her "leadership of the Commission has been extremely disappointing" pointing out numerous shortcomings and failures during her tenure. Warren admonished that White failed to finalize certain Dodd–Frank rules, did not curb the use of waivers for companies that violated securities laws, allowed settlements without admission of guilt, and was too frequently recused because of her husband's activities.[21] In return, White argued that the agency had been effective and that Warren had mischaracterized her statements and the accomplishments of the agency. The Massachusetts senator's attack on White generated backlash from the White House, Congress, and Wall Street, with defenders calling her a tough but fair enforcer of the rules.[23]

In June 2016, at a Senate hearing, Senator Warren asked White about her projects to reduce corporate disclosures. Senator Warren then declared she was "more disappointed than ever".

On October 14, 2016, Senator Warren sent a formal written request to President Obama asking for the immediate dismissal of White as Chair of the SEC because of her refusal to develop public disclosure rules of political contributions made by corporations

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