Free Riding – It is not Free
Many people claim there is “no free lunch;” others claim that “nothing is free;” and of course there are multiple variations of each of these slogans. Look at the securities markets. Some securities traders think that trading can be free. …
Free Riding – It is not Free
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What Happens if Agencies Like the SEC are Materially Weakened?
The theme today seems to be “what a difference a day makes.” Last week the Commission was counting the billions of dollars it recovered from the fraudulent schemes of Robert Allen Stanford. This week the agency is trying to justify …
What Happens if Agencies Like the SEC are Materially Weakened?
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