Insecurities and Exchange

"Money, money, money...ain't it funny...it's a rich man's world."

Shock is still rippling through the financial system this afternoon, as just this morning the decision came down from a federal judge in the landmark ruling against the Securities and Exchange Commission, they are required to return all fees and penalties to all companies since their inception, because as the ruling says, “they’ve never actually secured or exchanged anything.” 

Sharon Easton, is a professor of Finance and Cash Money, at Brockholm College, and she sat down with BCM to discuss the incredible turn of events. 

“I just think it goes to show that words matter; you know?  You can’t say you’re a security and exchange thing and not provide security, or even exchange anything, and I think the federal judge was absolutely correct in his verdict in this case.” 

When asked further if the term might be more referring to a financial security rather than a security service and monetary exchange, Professor Easton realized she had a prior engagement, although on her way out she did comment, “and they are commissioned too!  Who hired these guys on commission to do this!?” 

The SEC is set to return 3.8 trillion in fees to business enterprises not adjusted for inflation, the economy is expected to explode in the next 12 days following this influx if it doesn’t get appealed in the next week.  Hopefully our money is secure, because really, there is no exchanging it for another.