Is SEC's Market Overhaul Needed? Two Papers Highlight How Current System Benefits Retail Investors

Also, more pushback on ESG fund rules; Gensler wraps up "pay versus performance" regulation

GameStop and the other meme stock insanity may have slipped from the headlines, but the SEC hasn’t lost its focus on new market structure rules. In fact, agency staff have been working away with the goal of getting out a proposal probably by late fall (though this is pretty complex stuff and the timeline could slip). Some of the big finance players with…