One amazing aspect of the Facebook deal that is promoted by Goldman Sachs is the fact that global regulators seem to be completely absent - despite the fact that possible questions by the SEC in the United States stopped the placement to US domestic investors. Given the noise made by politicians in all civilised financial markets all over the world about the need for more protection of investors and savers this silence is really DEAFENING and shows how much regulators are behind the curve.
(03/02/2011)
The White House’s Office of Information and Regulatory Affairs (OIRA)
updated its dashboard this week to note that the SEC has submitted a rule
proposal ti...
1 day ago
0 comments:
Post a Comment