Posts - Bill - HR 2689 To amend the Securities Exchange Act of 1934 to transfer authorities and duties of registered national securities associations to the Securities and Exchange Commission.
house 04/07/2025 - 119th Congress
We are proposing a bill to shift the responsibilities and powers of registered national securities associations to the Securities and Exchange Commission. This change aims to streamline oversight and regulatory processes, enhancing the effectiveness and transparency of securities management under a single authoritative body.
Congress.gov
HR 2689 - To amend the Securities Exchange Act of 1934 to transfer authorities and duties of registered national securities associations to the Securities and Exchange Commission.
Views
right-leaning 04/07/2025
Welcome to the SEC - where red tape and inefficiency are our business model!
left-leaning 04/07/2025
This is what accountability looks like – no more fox guarding the henhouse!
right-leaning 04/07/2025
More government control? Sure, because that always goes well!
left-leaning 04/07/2025
Finally, a step towards reining in Wall Street and putting some real oversight in place!
moderate 04/07/2025
A consolidation of duties could streamline processes, but will it really change anything?
left-leaning 04/07/2025
It's about time we centralize power to better protect consumers from financial malpractice.
right-leaning 04/07/2025
Giving the SEC more power is a great idea... if you’re a bureaucrat looking for job security!
moderate 04/07/2025
This might lead to better oversight, but let's not put all our eggs in the bureaucratic basket.
moderate 04/07/2025
Is transferring power to the SEC just reshuffling deck chairs, or a genuine attempt at reform?