The SEC Should Block Anthropic's IPO to Protect the Public
Matt Scherer argues that if Anthropic goes public, workers, individual investors and retirees will be disadvantaged when invoices are paid, so the SEC should block the IPO.
Key points
- •Matt Scherer says Anthropic’s listing would harm workers, individual investors and retirees.
- •He warns that after the listing, these groups will bear losses when invoices are paid (holding the bag).
- •He calls for the SEC to block Anthropic’s IPO to protect ordinary citizens.