How Trump's Project 2025 will affect investors: the SEC
From page 831:
Eliminate all administrative proceedings (APs) within the SEC exceptfor stop orders related to defective registration statements. The SECenforcement system does not need to have both district court cases andAPs. Alternatively, respondents should be allowed to elect whether anadjudication occurs in the SEC’s administrative law court or an ordinaryArticle III federal court.24End the practice of delegating the decision to initiate an enforcement case.The SEC Chairman—and possibly the U.S. Government AccountabilityOffice (GAO)—should study whether other Commission delegation ofauthority to staff should be narrowed and whether sunsetting of suchdelegation of authority should be required.
Obviously this is all calculated to weaken the SEC's ability to protect investors and call to account bad actors. Just what you would expect from a serial bankrupt like Trump.
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