If you fall within the 61% of Americans who own stock in a 401(k), IRA, mutual fund, or other investment account, you should be very concerned about the schemes that President Donald Trump and Tesla CEO Elon Musk have planned for the Securities and Exchange Commission. The SEC is tasked with policing Wall Street and large corporations in order to ensure that companies tell investors essential information and investors are protected from fraud and unfair securities trading.
Without a strong SEC, there could be widespread speculation, fraud, and a worldwide loss of trust in the integrity and opportunities of U.S. securities markets.
