GOOD: Mr. Romney then launched into an attack on the Dodd-Frank financial regulatory law, calling it “unnecessary” and “overly burdensome.”
BAD: Odds Romney could fix the SEC is 0.00001%!
UGLY: Odds the SEC continue to do bad things even if Romney wins is 100%!
BOTTONLINE: You have to live with what the SEC done and doing as nobody going to fix the problems anytime soon!
“There’s no question but that regulations are essential to the functioning of markets,” he said, repeating a view he has mentioned on the campaign trail. “Of course, you have to have laws and regulations to make free markets able to produce and to be effective. But you have to make the regulations modern and up-to-date.” More NYTimes.com: http://www.nytimes.com/2012/07/27/us/politics/mitt-romney-fund-raisers-in-london-draw-banking-crowd.html?_r=1&ref=politics
Happy Networking and Investing,