When the SEC’s top lawyer warns that you can’t get your money back if your company goes public, the law’s on your side
NYC FINANCIAL has had enough of regulators’ attempts to seize its $500 million in assets.On Wednesday, the regulator’s top law officer, Richard Cote, warned that companies cannot claim “self-defense” in the face of a massive crackdown.In an op-ed published in The New York Times, Cote warned that a “law that purports to protect the interests […]
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