The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
Senator Lummis noted that the _SEC cannot legislate by enforcement_ and to do so is a power-grab move that contravenes lawmaking.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
Senator Lummis noted that the _SEC cannot legislate by enforcement_ and to do so is a power-grab move that contravenes lawmaking.