No, it's not an oxymoron. We all know people who follow the rules and stand by their word. And of course we know of those who do not. Executives who wreck their companies and ignore their shareholders while cashing jumbo bonus checks. Politicians whose only belief seems to be in their own lies. Nonpartisan groups who specialize in partisanship.
But regulators? The protectors of the public? Technocrats who seek truth, justice, and the American way? Could it be that senior members of our nation's highest profile securities regulator have feet of clay? I was chagrined to read this article, but sadly - not surprised. Unlike Diogenes, I don't waste my time searching.
(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).