Realignment for SEC

[Anonymous]

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

[Anonymous]

FDA has been teleworking two days a week since last year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

.

Agreed, both on the leaving and recruitment.

Everyone is waiting for the TW appeal decision sometime next week. I think we will see people who have been barely making it choose leave if the lack of recurring TW goes on indefinitely, it will break them. The agency has had extended recurring telework for two decades. The change is jarring and not what the vast majority of the agency’s workers expected or were told when they were hired. It’s a mess.

I agree that the impact of this will not be felt for a while, but it is coming. There are many private companies doing RTO also, but people will start to look for a better commute, if they haven’t already. At some point the work life balance and mission will be outweighed by agency location and stress of commute.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

I think it is quite clear that the mission of the SEC and CFTC is to support crypto and sports betting and do nothing else at all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

.

Agreed, both on the leaving and recruitment.

Everyone is waiting for the TW appeal decision sometime next week. I think we will see people who have been barely making it choose leave if the lack of recurring TW goes on indefinitely, it will break them. The agency has had extended recurring telework for two decades. The change is jarring and not what the vast majority of the agency’s workers expected or were told when they were hired. It’s a mess.

I agree that the impact of this will not be felt for a while, but it is coming. There are many private companies doing RTO also, but people will start to look for a better commute, if they haven’t already. At some point the work life balance and mission will be outweighed by agency location and stress of commute.

Just ask the CFTC and what happened during Gensler years. He destroyed the agency, and they have not been able to recover, even after a decade. The legacy of Paul Atkins will be the destruction of the SEC. Who knew?!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

.

Agreed, both on the leaving and recruitment.

Everyone is waiting for the TW appeal decision sometime next week. I think we will see people who have been barely making it choose leave if the lack of recurring TW goes on indefinitely, it will break them. The agency has had extended recurring telework for two decades. The change is jarring and not what the vast majority of the agency’s workers expected or were told when they were hired. It’s a mess.

I agree that the impact of this will not be felt for a while, but it is coming. There are many private companies doing RTO also, but people will start to look for a better commute, if they haven’t already. At some point the work life balance and mission will be outweighed by agency location and stress of commute.

I'm leaving so I don't give a $hit at this point so I hope another Madoff type event slips under the SEC's radar - another public embarrassment type thing that takes years to recover from. I mean it isn't the brightest lights in the harbor that work there any way, the brighter people have resigned/retired, and the rest are too tired from their commute to pay attention to anything so shrug.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

.

Agreed, both on the leaving and recruitment.

Everyone is waiting for the TW appeal decision sometime next week. I think we will see people who have been barely making it choose leave if the lack of recurring TW goes on indefinitely, it will break them. The agency has had extended recurring telework for two decades. The change is jarring and not what the vast majority of the agency’s workers expected or were told when they were hired. It’s a mess.

I agree that the impact of this will not be felt for a while, but it is coming. There are many private companies doing RTO also, but people will start to look for a better commute, if they haven’t already. At some point the work life balance and mission will be outweighed by agency location and stress of commute.

I'm leaving so I don't give a $hit at this point so I hope another Madoff type event slips under the SEC's radar - another public embarrassment type thing that takes years to recover from. I mean it isn't the brightest lights in the harbor that work there any way, the brighter people have resigned/retired, and the rest are too tired from their commute to pay attention to anything so shrug.

They can’t attract talent already. That CorpFin rule writer temp/13 months role application deadline was extended earlier this week, according to SEC’s LinkedIn page. I guess the “glut” of highly qualified applicants wasn’t enough!

With all the relief PA and his team are granting to the crypt industry, the next crisis will be much bigger than Madoff. It is already happening.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

I think it is quite clear that the mission of the SEC and CFTC is to support crypto and sports betting and do nothing else at all.

This!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

.

Agreed, both on the leaving and recruitment.

Everyone is waiting for the TW appeal decision sometime next week. I think we will see people who have been barely making it choose leave if the lack of recurring TW goes on indefinitely, it will break them. The agency has had extended recurring telework for two decades. The change is jarring and not what the vast majority of the agency’s workers expected or were told when they were hired. It’s a mess.

I agree that the impact of this will not be felt for a while, but it is coming. There are many private companies doing RTO also, but people will start to look for a better commute, if they haven’t already. At some point the work life balance and mission will be outweighed by agency location and stress of commute.

I'm leaving so I don't give a $hit at this point so I hope another Madoff type event slips under the SEC's radar - another public embarrassment type thing that takes years to recover from. I mean it isn't the brightest lights in the harbor that work there any way, the brighter people have resigned/retired, and the rest are too tired from their commute to pay attention to anything so shrug.

They can’t attract talent already. That CorpFin rule writer temp/13 months role application deadline was extended earlier this week, according to SEC’s LinkedIn page. I guess the “glut” of highly qualified applicants wasn’t enough!

With all the relief PA and his team are granting to the crypt industry, the next crisis will be much bigger than Madoff. It is already happening.

Agreed. The next big Madoff miss will be something having to do with crypto and it won’t be a miss by enforcement staff, it will be something enforcement did not have the ability to investigate becuase of crypto. Some folks in congress actually realize this too, evidenced by the questions when PA testified last week.

PA doesn’t care, whether it’s withholding telework for no good reason or taking the job to execute Trump’s crypto agenda - he knows that this administration will win without compunction, even when investors lose.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dr Oz gave CMS one day a week of telework (two days per pay period). It was done without any union involvement. If he could figure it out in an agency that’s under RFK, PA could absolutely give some telework back to staff.

Of course he could.

As he indicated in testimony last week, all these changes happened before he got there. His hands are tied.

His hands are so tied he isn’t even able to do anything since he started.

So true. It is insane.

He is a fraud.

More staff will leave. We won’t be able to recruit same level of candidates. Shit will hit the fan some years down the road. And I will be there helping put together the puzzle of what went wrong. A puzzle that will be PA’s headshot.

.

Agreed, both on the leaving and recruitment.

Everyone is waiting for the TW appeal decision sometime next week. I think we will see people who have been barely making it choose leave if the lack of recurring TW goes on indefinitely, it will break them. The agency has had extended recurring telework for two decades. The change is jarring and not what the vast majority of the agency’s workers expected or were told when they were hired. It’s a mess.

I agree that the impact of this will not be felt for a while, but it is coming. There are many private companies doing RTO also, but people will start to look for a better commute, if they haven’t already. At some point the work life balance and mission will be outweighed by agency location and stress of commute.

I'm leaving so I don't give a $hit at this point so I hope another Madoff type event slips under the SEC's radar - another public embarrassment type thing that takes years to recover from. I mean it isn't the brightest lights in the harbor that work there any way, the brighter people have resigned/retired, and the rest are too tired from their commute to pay attention to anything so shrug.

They can’t attract talent already. That CorpFin rule writer temp/13 months role application deadline was extended earlier this week, according to SEC’s LinkedIn page. I guess the “glut” of highly qualified applicants wasn’t enough!

With all the relief PA and his team are granting to the crypt industry, the next crisis will be much bigger than Madoff. It is already happening.

Agreed. The next big Madoff miss will be something having to do with crypto and it won’t be a miss by enforcement staff, it will be something enforcement did not have the ability to investigate becuase of crypto. Some folks in congress actually realize this too, evidenced by the questions when PA testified last week.

PA doesn’t care, whether it’s withholding telework for no good reason or taking the job to execute Trump’s crypto agenda - he knows that this administration will win without compunction, even when investors lose.

I am actually questioning why Atkins actually took the job. He has no agenda, no vision, no leadership within his ranks, no one who knows how to execute. At this point I think he took on the role just to have a title and then go mingle with the crowd sipping martinis in closed clubs. The guy is all buzzwords and pointless speeches. In the meantime, Rome is burning, fraud is happening, SEC staff clock in and out just to catch that train or beat the traffic to get home because RTO has been so awesome.
The agency is down to three commissioners, almost two at this point, with no dissent. OHR and OGC is weaponized to quietly retaliate against the few who call out the inefficiencies of this regime.
Good luck to all the investors and the markets. We will all need it.