Ritholtz wealth management CIO and chairman Barry Ritholtz speaks on the SEC’s major announcement as SpaceX hits the market on ‘Barron’s Roundtable.’
Wealth Management CIO Barry Ritholtz criticizes the SEC’s move to reduce quarterly financial reporting, arguing it increases insider trading risks and disadvantages small investors. He suggests technology like AI makes more frequent disclosures, such as monthly reports, feasible. Ritholtz also offers investment advice on mega IPOs like SpaceX, which saw a 19.22% debut gain, cautioning about historical underperformance post-offering.
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