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Industry is already skeptical of the SEC’s genuineness when it encourages an open dialogue. This regulation by retaliation approach only reaffirms the skepticism. Difficult to see how the SEC can rebuild trust after this. @jchervinsky https://x.com/jchervinsky/status/1761033870139613514?s=46&t=z7ze1jQzBwG8ed1eyBo8Tg
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