Crooks didn't need the SEC to be shutdown for it to be weakened. SEC enforcement has already weakened significantly since Trump came back into office. Much worse than under Gensler. This won't end well for investors. #corpgov
With 91% of SEC staff furloughed from gov shutdown, is anyone left to monitor the blatant frauds? $SUPX $FTEL $FNGR $RR - halted litigation - halted routine oversight Crooks must be grinning ear to ear.

Nov 7, 2025 · 3:13 AM UTC

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Replying to @direports
The SEC has gotten soft on many issues, but they have been active with China Hustles. Would be a shame for that to stop sec.gov/enforcement-litigati…
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That may not last. The PCAOB made great progress in recent years on reining-in Chinese auditors. Unfortunately, it's new masters at the SEC are now only asking for about $100 million in funding for it's activities. It used to be $300 million.
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