Finra `Does Not Violate the Constitution,' SEC Opinion Stresses

Also, House probe blames Biden regulators for crypto debanking; Fed report shows shift in trend for bank ratings

Paul Atkins has complained for years about the expansion of Finra’s regulatory powers, even likening the front-line brokerage overseer to an “empire” that needs to be reined in. It’s an argument that conservatives and companies have adopted in a series of lawsuits challenging the self-regulator’s constitutionality – and calling into question its very ex…