The SEC has technology that is on the lookout for Regulation M short selling violations. Any adviser that is not attending to this issue needs to pay more attention, particularly given the reality that it is the adviser and not the client who disgorges.

Out with the new; in with the old! The SEC is finally returning to its traditional missions of improving corporate disclosure and of overseeing market structure. This is what the SEC should be doing, not wasting resources on issues out of either its control or expertise.

Senator Warren's arguments might be more compelling if she tried to fit them more closely to particular facts or concerns. Because she chooses to argue in generalities, her claims have the appearance of generic political statements as opposed to attempts to discuss better financial regulation. As a result, the Senator remains consistent in her views on regulation: more is always better.

Given the authority that the Federal Reserve Board has over banks, it is an overstatement to…

Notwithstanding Commissioner Stein's comment as to kicking the can down the road, kudos to Chair Clayton for adopting a fairly long-term no-action letter that gives both regulators and market participants an opportunity to see what the effects of the MIFID rule changes might be, whether the U.S. rules should be changed, and, if so, what those rule changes should be. It is a waste of Commission and industry resources to adopt short-term no-action letters that must be continually renewed.…