Wall Street Trading Vet Has Some (Early) Issues With SEC's Market Structure Revamp

Also, Gensler takes questions from retail investors on Twitter; FSOC talks crypto risks at year-end meeting

(A note to readers: We are taking a break during the holidays and will resume publishing our newsletter on Tuesday, Jan. 3.)

Friday Q and A: Jim Toes is the president of the Security Traders Association, a group that represents some 4,000 people working in finance. As the name implies many are traders, but they come from all corners of the markets. Unli…