Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This Chairman is extremely indecisive. The rumors of realignment is just that - rumors. The point to all this madness is to actually not do any meaningful work. There is still no GC. A judge with no securities law background as its ENF director. An acting director in Exams with no securities law background either. The morale is low. More people have been checking out.

Ok let's not malign Paul here, he is doing a lot of very important work like making Merry Christmas videos on behalf of the SEC.

https://www.youtube.com/watch?v=pFWxvAePwpY

Kudos to the staff who volunteered to be in this video. They drove into the office for that. Or are those extras / SGEs?

I heard the were drafted like some divisions pulled names from a hat. But lets be real they are lifers who don't want to rock the boat. Bc they shot this on the day of the Christmas parties - name gets pulled out of hat, just breeze on out of the office, what are they gonna do? I know a few ppl in the video - the SEC is the best thing that ever happened to them.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He’s all talk up to this point. Will see how fast he can crank out rulemaking next year.

He probably thinks he’s a nice guy and maybe at a superficial level he is. He must know how profoundly the no telework policy has impacted staff and he doesn’t want to talk about it. Hence, he’s had no town halls.

He figured the rules will get written regardless and that’s all he cares about. I don’t know how all these rules will get written. Maybe someone on the outside already wrote them for him.

I can answer that one for you. We are hiring SGEs to come in and be workhorses for the new rules. So basically people from law firms will come to the SEC temporarily and write these rules. Presumably they will be unpaid as SGEs can continue to be paid by their law firms.

lol. You’d have to be a total LOSER, on the slow track at your law firm, to even consider such a crap detail/assignment. Why on earth would anyone at a halfway decent firm give up their current cases/deals to go write a rule and sift through 10,000 comments for 6 months at a government agency.

Do these SGEs get to telework?

Uh there are lots of losers at law firms. Did you not do biglaw ever? It's not some utopia of Harvard and Yale geniuses all dying to work 100 hrs/wk to make partner. There are ppl who are fine but nothing special who know they won't make partner, they take these types of things. There are ppl who are better than fine but still may not make partner who take these things bc it's 6 months of firm money while working a nothing govt job - they won't have to put in firm hours. There are people who are good but are done with firm life for whatever reason - usually hours - who take these things bc hey 6 more months of firm money while getting free evenings and weekends.

Anonymous wrote:

Anonymous wrote:This Chairman is extremely indecisive. The rumors of realignment is just that - rumors. The point to all this madness is to actually not do any meaningful work. There is still no GC. A judge with no securities law background as its ENF director. An acting director in Exams with no securities law background either. The morale is low. More people have been checking out.

Ok let's not malign Paul here, he is doing a lot of very important work like making Merry Christmas videos on behalf of the SEC.

https://www.youtube.com/watch?v=pFWxvAePwpY

Kudos to the staff who volunteered to be in this video. They drove into the office for that. Or are those extras / SGEs?

Anonymous wrote:

Anonymous wrote:He’s all talk up to this point. Will see how fast he can crank out rulemaking next year.

He probably thinks he’s a nice guy and maybe at a superficial level he is. He must know how profoundly the no telework policy has impacted staff and he doesn’t want to talk about it. Hence, he’s had no town halls.

He figured the rules will get written regardless and that’s all he cares about. I don’t know how all these rules will get written. Maybe someone on the outside already wrote them for him.

I can answer that one for you. We are hiring SGEs to come in and be workhorses for the new rules. So basically people from law firms will come to the SEC temporarily and write these rules. Presumably they will be unpaid as SGEs can continue to be paid by their law firms.

lol. You’d have to be a total LOSER, on the slow track at your law firm, to even consider such a crap detail/assignment. Why on earth would anyone at a halfway decent firm give up their current cases/deals to go write a rule and sift through 10,000 comments for 6 months at a government agency.

Do these SGEs get to telework?

Anonymous wrote:

You're the same person who keeps asking this. Why do you want to work there? You know the work is being scaled back. This means there's not enough work to go around. So why would they piss away money hiring you?

Maybe because they don’t have a job right now and want one? If this Chairman doesn’t want people to do any work, then staff will just sit around, after commuting a couple of hours, and still get paid.

Let’s hear more speeches and YouTube videos!

Im an enforcement attorney at one of the banking agencies looking to jump ship to sec. Morale is low here right now.

You're the same person who keeps asking this. Why do you want to work there? You know the work is being scaled back. This means there's not enough work to go around. So why would they piss away money hiring you?

Maybe because they don’t have a job right now and want one? If this Chairman doesn’t want people to do any work, then staff will just sit around, after commuting a couple of hours, and still get paid.

Let’s hear more speeches and YouTube videos!

Anonymous wrote:

Anonymous wrote:The people at the SEC are such whiny complainers. We could do a lot worse than Atkins. It seems clear some people are just complaining about things they don’t know anything about. Atkins cares about enforcement, so don’t know where that came from. I can’t speak for EXAMS but Judge Ryan is wicked smart and takes no crap. A lack of securities law background might be a problem for some but not her.

I agree about the telework though. We have many people just hanging on by a thread.

So when do you expect the enforcement hiring spree?

You're the same person who keeps asking this. Why do you want to work there? You know the work is being scaled back. This means there's not enough work to go around. So why would they piss away money hiring you?

Anonymous wrote:The people at the SEC are such whiny complainers. We could do a lot worse than Atkins. It seems clear some people are just complaining about things they don’t know anything about. Atkins cares about enforcement, so don’t know where that came from. I can’t speak for EXAMS but Judge Ryan is wicked smart and takes no crap. A lack of securities law background might be a problem for some but not her.

I agree about the telework though. We have many people just hanging on by a thread.

So when do you expect the enforcement hiring spree?

The people at the SEC are such whiny complainers. We could do a lot worse than Atkins. It seems clear some people are just complaining about things they don’t know anything about. Atkins cares about enforcement, so don’t know where that came from. I can’t speak for EXAMS but Judge Ryan is wicked smart and takes no crap. A lack of securities law background might be a problem for some but not her.

I agree about the telework though. We have many people just hanging on by a thread.

Sometimes it feels like the people in this Chairman’s office are completely divorced from reality.

Anonymous wrote:

Anonymous wrote:He’s all talk up to this point. Will see how fast he can crank out rulemaking next year.

He probably thinks he’s a nice guy and maybe at a superficial level he is. He must know how profoundly the no telework policy has impacted staff and he doesn’t want to talk about it. Hence, he’s had no town halls.

He figured the rules will get written regardless and that’s all he cares about. I don’t know how all these rules will get written. Maybe someone on the outside already wrote them for him.

I can answer that one for you. We are hiring SGEs to come in and be workhorses for the new rules. So basically people from law firms will come to the SEC temporarily and write these rules. Presumably they will be unpaid as SGEs can continue to be paid by their law firms.

So they will come and write a proposal, go back to law firm, and then come back when time to write the adopting release? And then leave and the SEC staff who had nothing to do with it get to figure out how industry is to implement it?

Nothing could go wrong.

Anonymous wrote:He’s all talk up to this point. Will see how fast he can crank out rulemaking next year.

He probably thinks he’s a nice guy and maybe at a superficial level he is. He must know how profoundly the no telework policy has impacted staff and he doesn’t want to talk about it. Hence, he’s had no town halls.

He figured the rules will get written regardless and that’s all he cares about. I don’t know how all these rules will get written. Maybe someone on the outside already wrote them for him.

I can answer that one for you. We are hiring SGEs to come in and be workhorses for the new rules. So basically people from law firms will come to the SEC temporarily and write these rules. Presumably they will be unpaid as SGEs can continue to be paid by their law firms.

He’s all talk up to this point. Will see how fast he can crank out rulemaking next year.

He probably thinks he’s a nice guy and maybe at a superficial level he is. He must know how profoundly the no telework policy has impacted staff and he doesn’t want to talk about it. Hence, he’s had no town halls.

He figured the rules will get written regardless and that’s all he cares about. I don’t know how all these rules will get written. Maybe someone on the outside already wrote them for him.

Anonymous wrote:

Ok let's not malign Paul here, he is doing a lot of very important work like making Merry Christmas videos on behalf of the SEC.

https://www.youtube.com/watch?v=pFWxvAePwpY

Oh, and lots and lots of speeches about how we will do this, and how we will do that. Yet not even one townhall with anything meaningful to tell staff

Anonymous wrote:This Chairman is extremely indecisive. The rumors of realignment is just that - rumors. The point to all this madness is to actually not do any meaningful work. There is still no GC. A judge with no securities law background as its ENF director. An acting director in Exams with no securities law background either. The morale is low. More people have been checking out.

Ok let's not malign Paul here, he is doing a lot of very important work like making Merry Christmas videos on behalf of the SEC.

https://www.youtube.com/watch?v=pFWxvAePwpY