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nradovtoday at 12:23 AM1 replyview on HN

You appear to have misunderstood the role of the SEC. They will investigate civil violations of securities laws but there has been no credible allegation of such here. They don't take responsibility for stock valuation.


Replies

ceejayoztoday at 1:29 AM

> They don't take responsibility for stock valuation.

Nice strawman, but that's not what I said.

They can, and do, intervene in things like lying to investors to inflate valuations.