The Securities and Exchange Commission proposes 1,656 pages of regulation that would re-engineer the equities market in the name of fixing a nonexistent problem. https://t.co/GXKBfB5yl3 via @WSJ
— Steve Bainbridge (@PrawfBainbridge) December 16, 2022
"An SEC Inspector General report recently warned that @GaryGensler's move-fast-and-break-things agenda is overwhelming staff and diverting resources from investor protection." https://t.co/5Rj3R3n0Uv via @WSJ
— Steve Bainbridge (@PrawfBainbridge) December 16, 2022
@GaryGensler's "stock-trading overhaul isn’t intended to improve competition or protect retail investors. The beneficiaries are Nasdaq, Calpers and brokers that can support zero-commission trading with other revenue." https://t.co/woaitSGFMR via @WSJ
— Steve Bainbridge (@PrawfBainbridge) December 16, 2022
