What an SEC Change Could Mean for Wall Street

The video discusses the structure of the SEC, highlighting the power shift from Commissioners to staff, especially post-2008 financial crisis. It explores the debate on centralizing authority back to Commissioners, with concerns from both political sides. The acting chair initiated a review of delegated authorities, focusing on the enforcement division's reliance on these powers. The video concludes with a reference to a Bloomberg report on the topic.

What impact did the 2008 financial crisis have on the SEC's enforcement division?

What actions did acting chair Mike Pivar take regarding staff authority?