Electric Sheep on Nostr: "Communication protocols" seems an odd thing for the SEC to be regulating, until you ...

"Communication protocols" seems an odd thing for the SEC to be regulating, until you realize that the standards for digital inter-bank transfers are "communication protocols".

Here's the other side of the story;

https://pluralistic.net/2022/02/10/monopoly-begets-monopoly/#gary-gensler

Gensler has been doing some amazing work to restore transparency in institutional investment, and reign in the robber Barron's who've been making billions off unpoliced financial scams. While people who work fulltimel lose their homes, struggle to feed their families, and get bankrupted by medical debt.