As a former law professor and US Senator, Elizabeth warren ought to respect basic rights like free speech. But now she wants to deploy the SEC to silence corporate critics of her campaign to massively over-regulate financial services. In a letter to SEC Chairman Mary White, Warren writes:
Corporate interests have become accustomed to saying whatever they want about Washington policy debates, with little accountability when their predictions prove to be inaccurate. But the information we have obtained raises questions about how, in this specific case, the companies could have knowingly provided such dramatically different public statements about the impact of the DOL Conflict of Interest Rule - in one example, saying almost simultaneously that the rule would be "unworkable" and that the rule would not be "a significant hurdle" - without misleading investors.
In effect, what Warren--who you recall lied about her ancestry--wants is to punish companies that at worst used a bit of puffery in the regulatory process. It's part of the "progressive" left's continuing effort to criminalize any dissent.
