SEC To End Breathless Coverage Of Six-Week-Old Hedge Fund Stock Holding Reports


The regulatory bonfire promised at the advent of the Trump administration never really became the out-of-control conflagration out of which the phoenix of 19th century lasseiz-faire capitalism would reemerge. And now, it probably never will: Even if the president manages to find a way to win reelection, he and his hand-picked lieutenants have for three-and-a-half years demonstrated an incompetence and laziness-based inability to focus on anything long enough to really destroy it. And so the administration whose leader came into office promising to “do a big number” on Dodd-Frank has only now gotten around to gutting the central part of that rule, part of a late-breaking realization on the part of his appointed deregulators that time is perhaps not on their side.

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