James Kidney recently retired from the SEC. I drew attention yesterday to the fact that he skewered the commission’s culture and management on the way out the door. For those who care to understand how Wall Street has gotten away with incredibly egregious offenses over the years, Kidney’s brief remarks are well worth the few minutes to review.
I hope people might keep a mental image of the heads of the SEC and its Enforcement Division in your mind while reading this. Please click on the image below to open up a pdf of Kidney’s retirement speech.
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Can you say, “SEC: asleep, incompetent, captured and corruptedâ€Â five times fast?
Navigate accordingly.
Larry Doyle
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