The
Securities and Exchange Commission Historical Society has just posted online a
diary kept by Norman Poser, an SEC commissioner, during his US AID mission to bring best American practices in securities regulation to Brazil in 1966. According to the website:
In 1966, Norman Poser [right; facing left], then at the U.S. Securities and Exchange Commission, served as an USAID consultant to the Central Bank of Brazil, as part of U.S. Cold War strategy in South America. Read his never-before-published diary of the challenges he faced in advising foreign regulators of U.S. best practices, while coping with language barriers, inflation, 102-degree heat without air conditioning, a brewing political revolution…
