SEC.gov | Statement on Prohibiting Conflicts of Interest in Securitizations

What does he mean " Today, the Commission is considering whether to re-propose rules to prohibit a range of market participants that sell or sponsor asset-backed securities (ABS) from taking positions against those very products. I am pleased to support this re-proposed rule as it fulfills Congress’s mandate" So these guys can chose if they want to follow congressional mandates or not. I think they call that crime. Hey Gary, how about You follow Dodd-Frank as mandated by congress and pay special attention to Section 741

You all want to really know why we are going bankrupt? It's because these unelected officials allow criminal banksters with no allegiance to American Citizens to rob us blind and then get bailed out by Tax Payer pension funds.