The financial-reform bill that hits the president’s desk this week is a 2,500-page failure that will only create more problems for federal regulators, argues former SEC Chairman Harvey L. Pitt.
Harvey Pitt, a former chairman of the SEC, is the Chief Executive Officer of Kalorama Partners, LLC.
The financial-reform bill that hits the president’s desk this week is a 2,500-page failure that will only create more problems for federal regulators, argues former SEC Chairman Harvey L. Pitt.
The agency, already badly scarred by the financial crisis, runs the risk of blowing its credibility with the Goldman case, writes former SEC chairman Harvey Pitt.