This is at least the second time that Senator Warren publicly launched a personal attack against an academic who has taken a position with which the Senator disagrees. In both cases, the Senator asserted that the academics withheld information about their beliefs or funding. Her assertions rest on uncertain ground. (See the Senator's attack on Professor Robert Litan in this; see also Mr. Pirrong's  on his blog, . These broadsides are in addition to …

The suggestion that the "culture" of some firms may be flawed or even inferior to that of others is an instance of microaggression that seems remarkably blatant. That FINRA would deliver such a twinge-making tenet in an examination letter without first providing a trigger warning, or at least allowing firms to opt out, demonstrates that the SRO culture remains paternal and hierarchical.

Firms should make clear to FINRA that (i) they do not encourage the wearing of white after Labor…

"120 priority data elements"? Does that mean there are 1,200 or 12,000 non-priority data elements? Perhaps the CFTC should describe why the information required for each of those elements is important to the CFTC, how it is to be used, and why it is worth the bother of collecting for market participants or the regulators.

As noted in a recent newsletter,  praised CFTC staff members for coming up with the new data requirements while holed up in the CFTC's "war room." Her language seems odd because it appeared to advocate a regulatory philosophy that distanced regulators from the markets that they regulated and darkened their view of those markets. By contrast, market participants who were surveyed in Mr. Sodergreen's article seemed skeptical of the rule, though they did agree with…