Michelle Leder
The Guardian
What holds, and what fails, under pressure, standards and accountability.
Michelle Leder embodies The Guardian through career-long vigilance over the disclosure mechanisms that shield ordinary investors from opacity. The founder of Footnoted and author of Financial Fine Print favors a scalpel over a chainsaw, a metaphor that captures her calibrated, evidence-based protectiveness rather than reflexive conservatism. Her explicit concern for less sophisticated investors, memorably invoking someone's grandmother in crypto, marks her as a watchdog whose first instinct is defending the vulnerable from systemic harm.
“Do you do it with a scalpel or do you do it with a chainsaw? I think with anything, there's things that can always be made better, but this wholesale approach to like all regulation is bad is a little bit of an overkill.”
“Going to every six months would be really bad for investors overall. Maybe it'll benefit the largest, most sophisticated investors, but other people who are invested in stocks, I think it's just bad news.”
“Anything that makes it easier for people to get into crypto, especially less sophisticated investors, is problematic for me as someone who cares about — I don't think someone's grandma should be in crypto.”
Masters in Business: “The New Deregulatory SEC”
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