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Thank you @SECPaulSAtkins for proposing to rescind the SEC pay-to-play rule. It punishes good actors while missing the bad ones. In no universe should a $351 contribution be considered bribery by default.
My comment: https://t.co/LxhdEo0rg1
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An X post supported repealing SEC the “pay-to-play” rule and questioned its treatment of 351 USD donations.
Thank you @SECPaulSAtkins for proposing to rescind the SEC pay-to-play rule. It punishes good actors while missing the bad ones. In no universe should a $351 contribution be considered bribery by default.
My comment: https://t.co/LxhdEo0rg1
The post thanked @SECPaulSAtkins for proposing to repeal SEC the “pay-to-play” rule.
The post said the rule would punish those who comply while letting violators off the hook.
The post said 351 USD donations should not automatically be treated as bribes.
The post provided a link to the comment.
The following is analysis, separate from reported facts. Verify important claims independently.
The poster expressed support for repealing the relevant rule and argued that small donations should not automatically be deemed bribes.
This reflects public opinion about SEC the relevant rules and how they are enforced, but the post itself does not provide a formal proposal document or regulatory decision.
The “pay-to-play” rule concerns a potential conflict of interest between donations and financial services; this post expresses an opinion and does not mean that the rule has changed.
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