Regulatory Overreach Issues
The conversation highlights the SEC's dual mission to protect investors while facilitating capital formation. Jay argues that regulatory overreach, particularly in climate-related policies, stems from Congress's failure to address complex issues directly. Instead of pushing back against political pressure, regulators often take on responsibilities that belong to lawmakers, risking the effectiveness of capital markets.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep49 “Making Regulation Work” with Jay Clayton
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