Retail Traders are Taking Their Fight Against Wall Street to the SEC -- Literally
Also, Warren chides PCAOB for oversight of FTX's auditors; Schwab pounces on NYSE mayhem to blast SEC's proposed market-structure revamp
The brokerages and market-making firms vehemently opposed to the SEC’s overhaul of stock trading rules are relying on a common playbook to fight the plan. There are the high paid lawyers – many of them SEC alumni – retained to write scathing comment letters. Economists and other experts are on the payroll to write lengthy research papers that raise the …