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by emteycz 1974 days ago
Yes, when SEC asks for something it's considered governmental intervention even though they technically don't force it.
1 comments

...Exactly. This is by design. It's what regulators are designed to do. Medical/pharma is an exception. Usually regulators are designed to wield pressure. For long term goals, they usually steer towards more explicit "industry standards" that they can back... but they rarely author them.

For shorter term and more operational issues, pressure is the main toolkit.