SEC - why not even a peep from leadership?

Anonymous
Anonymous wrote:Just seems like a bizarre random thing to suddenly prioritize. Won’t make a dent in the deficit. How about we focus on things that actually move the needle?

But maybe that’s the point. When people can’t or don’t want to do the hard stuff, people tend to screw around with the inconsequential, so they at least feel like they’re doing something.


Have you been paying attention to what’s happening at any other agency? They don’t care about any of that. They want blood and to declare a win.
Anonymous
Anonymous wrote:
Anonymous wrote:Just seems like a bizarre random thing to suddenly prioritize. Won’t make a dent in the deficit. How about we focus on things that actually move the needle?

But maybe that’s the point. When people can’t or don’t want to do the hard stuff, people tend to screw around with the inconsequential, so they at least feel like they’re doing something.


None of this is about the deficit, least of all at the SEC which is budget neutral, and yes a lot of it is about optics. Honestly all these recent threads are embarrassing in their lack of critical thinking.


Your buttholiness is embarrassing.

Why is it that people of mediocre intelligence always think they are the smartest people in the room?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.


What’s the difference bw a RIF and restructuring?


a lot of retirements are coming from branch chiefs and ADs. there are entire areas with no management left in place up to the executive level.

teams are going to get bigger, programs and tasks are going to move around. RIFs eliminate positions and work areas, a reorg is just a reorg.

SEC is not currently proposing to eliminate any more positions, but they are definitely going to have to move things around all the holes in the org chart.


Do you have to reapply for positions in a reorg? Do probationary periods apply?



i think the only probationary period inside an agency is for first time supervisory slots. and my understanding is that the positions of supervisors that took the fork or VERA/VSIP are just completely eliminated, no one left gets to vie for a promotion.

generally you don't get to apply for positions in a reorg, you just get told you're moving/being demoted/being RIFed
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.


What’s the difference bw a RIF and restructuring?


a lot of retirements are coming from branch chiefs and ADs. there are entire areas with no management left in place up to the executive level.

teams are going to get bigger, programs and tasks are going to move around. RIFs eliminate positions and work areas, a reorg is just a reorg.

SEC is not currently proposing to eliminate any more positions, but they are definitely going to have to move things around all the holes in the org chart.


Do you have to reapply for positions in a reorg? Do probationary periods apply?



i think the only probationary period inside an agency is for first time supervisory slots. and my understanding is that the positions of supervisors that took the fork or VERA/VSIP are just completely eliminated, no one left gets to vie for a promotion.

generally you don't get to apply for positions in a reorg, you just get told you're moving/being demoted/being RIFed


Who in their right mind would want to take a supervisory position in this environment??
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.


What’s the difference bw a RIF and restructuring?


a lot of retirements are coming from branch chiefs and ADs. there are entire areas with no management left in place up to the executive level.

teams are going to get bigger, programs and tasks are going to move around. RIFs eliminate positions and work areas, a reorg is just a reorg.

SEC is not currently proposing to eliminate any more positions, but they are definitely going to have to move things around all the holes in the org chart.


Do you have to reapply for positions in a reorg? Do probationary periods apply?



i think the only probationary period inside an agency is for first time supervisory slots. and my understanding is that the positions of supervisors that took the fork or VERA/VSIP are just completely eliminated, no one left gets to vie for a promotion.

generally you don't get to apply for positions in a reorg, you just get told you're moving/being demoted/being RIFed


Who in their right mind would want to take a supervisory position in this environment??


First and foremost if you believed the supervisory position would improve your exit options?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Just seems like a bizarre random thing to suddenly prioritize. Won’t make a dent in the deficit. How about we focus on things that actually move the needle?

But maybe that’s the point. When people can’t or don’t want to do the hard stuff, people tend to screw around with the inconsequential, so they at least feel like they’re doing something.


None of this is about the deficit, least of all at the SEC which is budget neutral, and yes a lot of it is about optics. Honestly all these recent threads are embarrassing in their lack of critical thinking.


Your buttholiness is embarrassing.

Why is it that people of mediocre intelligence always think they are the smartest people in the room?


You don't know what you are talking about and have no self-reflection. The SEC is entirely funding by fees and it doesn’t impact the federal budget. Cutting people at the SEC doesn’t save taxpayers money and it will cost them money when securities fraud becomes rampant due to lack of enforcement.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Just seems like a bizarre random thing to suddenly prioritize. Won’t make a dent in the deficit. How about we focus on things that actually move the needle?

But maybe that’s the point. When people can’t or don’t want to do the hard stuff, people tend to screw around with the inconsequential, so they at least feel like they’re doing something.


None of this is about the deficit, least of all at the SEC which is budget neutral, and yes a lot of it is about optics. Honestly all these recent threads are embarrassing in their lack of critical thinking.


Your buttholiness is embarrassing.

Why is it that people of mediocre intelligence always think they are the smartest people in the room?


You don't know what you are talking about and have no self-reflection. The SEC is entirely funding by fees and it doesn’t impact the federal budget. Cutting people at the SEC doesn’t save taxpayers money and it will cost them money when securities fraud becomes rampant due to lack of enforcement.


NP. You know that this is the case at several other agencies being gutted, right?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.


What’s the difference bw a RIF and restructuring?


a lot of retirements are coming from branch chiefs and ADs. there are entire areas with no management left in place up to the executive level.

teams are going to get bigger, programs and tasks are going to move around. RIFs eliminate positions and work areas, a reorg is just a reorg.

SEC is not currently proposing to eliminate any more positions, but they are definitely going to have to move things around all the holes in the org chart.


Do you have to reapply for positions in a reorg? Do probationary periods apply?



i think the only probationary period inside an agency is for first time supervisory slots. and my understanding is that the positions of supervisors that took the fork or VERA/VSIP are just completely eliminated, no one left gets to vie for a promotion.

generally you don't get to apply for positions in a reorg, you just get told you're moving/being demoted/being RIFed


Who in their right mind would want to take a supervisory position in this environment??


First and foremost if you believed the supervisory position would improve your exit options?


lol. Good luck with that. Be sure to emphasize in your interviews how you’ve been a supervisor for a few months, and how you only got the position bc the agency was desperate after the exodus. Though most hiring firms will know this already.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Just seems like a bizarre random thing to suddenly prioritize. Won’t make a dent in the deficit. How about we focus on things that actually move the needle?

But maybe that’s the point. When people can’t or don’t want to do the hard stuff, people tend to screw around with the inconsequential, so they at least feel like they’re doing something.


None of this is about the deficit, least of all at the SEC which is budget neutral, and yes a lot of it is about optics. Honestly all these recent threads are embarrassing in their lack of critical thinking.


Your buttholiness is embarrassing.

Why is it that people of mediocre intelligence always think they are the smartest people in the room?


You don't know what you are talking about and have no self-reflection. The SEC is entirely funding by fees and it doesn’t impact the federal budget. Cutting people at the SEC doesn’t save taxpayers money and it will cost them money when securities fraud becomes rampant due to lack of enforcement.


Hi Pot. My name is Kettle.
Anonymous
To the original question - thy aren’t saying anything because they don’t know what is going to happen. The orders for cuts are coming from Trump and Musk then handled by the agency head. They have nothing to do with the budget. They’re retaliatory against the perceived deep state, government overreach, and based on pure hatred so there really is no predicting.
Anonymous
Why would anyone expect the SEC to get off easy or be spared? Elon hates them.

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26219
Anonymous
Anonymous wrote:Why would anyone expect the SEC to get off easy or be spared? Elon hates them.

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26219


And yet he needs them to legitimize what he needs to do re: crypto and other instruments. Strange bedfellows indeed
Anonymous
Anonymous wrote:To the original question - thy aren’t saying anything because they don’t know what is going to happen. The orders for cuts are coming from Trump and Musk then handled by the agency head. They have nothing to do with the budget. They’re retaliatory against the perceived deep state, government overreach, and based on pure hatred so there really is no predicting.


Yeah, why on earth would some guy in his 60s who’s already worth $300 million get involved with such a charade? Very weird. Really? Doesn’t he have anything else better to do than to implement orders from opm? A very sad way to live out your retirement years…
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.


What’s the difference bw a RIF and restructuring?


a lot of retirements are coming from branch chiefs and ADs. there are entire areas with no management left in place up to the executive level.

teams are going to get bigger, programs and tasks are going to move around. RIFs eliminate positions and work areas, a reorg is just a reorg.

SEC is not currently proposing to eliminate any more positions, but they are definitely going to have to move things around all the holes in the org chart.


Do you have to reapply for positions in a reorg? Do probationary periods apply?



i think the only probationary period inside an agency is for first time supervisory slots. and my understanding is that the positions of supervisors that took the fork or VERA/VSIP are just completely eliminated, no one left gets to vie for a promotion.

generally you don't get to apply for positions in a reorg, you just get told you're moving/being demoted/being RIFed


Who in their right mind would want to take a supervisory position in this environment??


First and foremost if you believed the supervisory position would improve your exit options?


^^^this!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.


What’s the difference bw a RIF and restructuring?


a lot of retirements are coming from branch chiefs and ADs. there are entire areas with no management left in place up to the executive level.

teams are going to get bigger, programs and tasks are going to move around. RIFs eliminate positions and work areas, a reorg is just a reorg.

SEC is not currently proposing to eliminate any more positions, but they are definitely going to have to move things around all the holes in the org chart.


Do you have to reapply for positions in a reorg? Do probationary periods apply?



i think the only probationary period inside an agency is for first time supervisory slots. and my understanding is that the positions of supervisors that took the fork or VERA/VSIP are just completely eliminated, no one left gets to vie for a promotion.

generally you don't get to apply for positions in a reorg, you just get told you're moving/being demoted/being RIFed


Who in their right mind would want to take a supervisory position in this environment??


First and foremost if you believed the supervisory position would improve your exit options?


^^^this!


Yes — huge demand in the private sector for people who approve leave requests (and ad hoc telework). And draft boilerplate performance reviews.
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