Before moving ahead with further protections for retail investors, the SEC should go back and do a study of the impact of Regulation Best Interest. Has it resulted in retail investors receiving better advice from broker-dealers or has it forced them to social media? (See, .)  

The SEC's new rule proposal that effectively discourages the use of predictive analytics in serving retail investors will make it still more difficult, if adopted, for retail investors to obtain…

The objection as to the enforcement action is equally strong as the objection as to the remedy.

The TBA Rules were extraordinarily long in the making.  Following the financial crisis, the Treasury Markets Practice Group began a strong push for . The f on the topic dates to 2014.  

A good part of the reason for that was the complexity of their interaction with other rules, particularly the margin rules for other products, the capital rules and the custody rules.  The relevant complications are far from resolved: there is a good amount of both documentation and…

The SEC's failure for these many years to give any consideration to the development of a workable regulatory scheme for digital assets puts Congress in a bind. The Ripple case created further uncertainty as to whether the SEC even has jurisdiction over many digital assets. Now there is real pressure on Congress to adopt a digital asset framework, but the legislators must do so without the regulatory groundwork that should have been provided by the SEC.