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TechFlow news: Patrick McHenry, Chairman of the U.S. House Committee on Financial Services, sharply criticized the U.S. Securities and Exchange Commission (SEC). McHenry labeled the SEC as a "rogue agency" and stated that it should "focus more on facilitating capital formation rather than engaging in ad hoc actions to sue people and generate headlines."
Patrick McHenry, Chairman of the U.S. House Committee on Financial Services, launched a sharp critique against the U.S. Securities and Exchange Commission (SEC). McHenry labeled the SEC a "rogue agency" and stated it should "focus more on facilitating capital formation rather than engaging in ad hoc actions to sue people and generate headlines."
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