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“This prohibition, according to SEC officials, has been detrimental to recruiting, as candidates are often unwilling to divest their crypto assets to work for the SEC,” read the report.

So, we should expect some very high caliber recruits with lots of experience then...

Perfect catch 22.

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100%. Plus:

"Some men are born mediocre, some men achieve mediocrity, and some men have mediocrity thrust upon them. "
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60 sats \ 1 reply \ @OT 7 Nov 2023

Elizabeth Warren could be the filler they've been looking for

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Oooh, touché.

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If you don't have a subscription the article is available here https://archive.ph/FQNAg

This 🤡 would is just comical.
With similar way of thinking, their employees shouldn't be allowed to own pension funds or use banks since they're regulating those as well

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Ohh, I didn't know that the article had restricted access.

I use a browser with JavaScript disabled - maybe I accessed it without a problem due to this...

Thanks for giving other users the heads up/link 🧡

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21 sats \ 1 reply \ @td 7 Nov 2023

Mitigating the conflict of interest does make sense, but then it would also be like Federal Reserve employees having to divest of all their dollars. Sort of.

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Gooood point!

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That's funny.

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This even takes place in "crypto" companies.

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Oh, good for them 😂😂😂

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"Fucking idiots."
-Bad Napoleon Dynamite

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One heck of a dilemma/trilemma

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