SEC's Public Service Annoucement "Investomania" - Who Approved That?
Is the SEC having a kind of emotional collapse?
As Bloomberg reports, it has conjured up the supposedly funny public service announcement "Investomania." Featured on YouTube it simulates a game-show format to deliver the message that investors must research before deciding to purchase entities such as meme stocks.
Few are laughing. Actually there is outrage about the SEC's deriding any niche in investing.
So we in corporate work are wondering what's the approval process at the SEC for designing, creating, and distributing such messaging? Didn't anyone in the loop speak up and scream: This is so offensive. And misleading.
I have a hunch SEC head Gary Gensler won't be invited to sit on the couch of a late night talk show and be funny.
Actually, using humor has always been risky. That's because the comic is subjective. What's a barrel of laughs to X might be reason for Y to file a lawsuit for defamation.
Connect with Editor-in-Chief Jane Genova at janegenova374@gmail.com. She helps businesses tell their unique stories. Complimentary consultations.
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