Regulate me

Earlier this month, the Securities Exchange Commission (SEC) released a draft of its 2014 Strategic Plan for public comment. The plan is technical, but the motivation is straightforward: increase investor confidence in our markets. This is a critical goal, and...

Thank you, Michael Lewis

Mary Jo White confirmed what everyone on Wall Street has been saying for weeks: Michael Lewis is dead wrong. Responding to a question about Mr. Lewis’ controversial book, “Flash Boys,” the SEC Chair told Congress: “The markets are not rigged …...