Securities in MO: “The fox is guarding the henhouse”

Jay Ashcroft, Missouri’s new secretary of state, has named a former executive of a company under investigation by the state to lead the agency that protects consumers from securities fraud.

“The fox is guarding the henhouse,” said Rep. Tracy McCreery, a St. Louis County Democrat who sits on the board of the Consumers Council of Missouri. “And that should be alarming.”

Read more here.

 

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