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SEC proposes rescinding anti-corruption rule that bars pay-to-play pension fund schemes

Better Markets director rejects Atkins' justification, defends rule as corruption prevention

1 Sep 24 · 4d ago · 2 posts · 2 sources · development 1 of 2

Benjamin Schiffrin, director of securities at Better Markets think tank, issued a written statement rejecting Atkins' argument. He emphasized the rule's original intent and effect, quoting the SEC's own 2010 language describing it as combating pay-to-play arrangements.

Better Markets director rejects Atkins' justification, defends rule as corruption prevention
motherjones.com

“Not so. It has resulted in the suppression of corruption.”

Benjamin Schiffrin

Paul Atkins SEC chairmanBenjamin Schiffrin Director of securities, Better MarketsLeon Black Billionaire founder of Apollo Management

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