Wall Street is now little more than a rigged casino for skimming the cream from the top of the U.S. financial infrastructure.
If I was running the show, I’d force Wall Street back into doing nothing but facilitating finance for businesses: I’d outlaw all financial instruments whose sole purpose is gambling, namely I’d outlaw all derivatives, all margin transactions, all naked shorts and longs of any kind, all options, all futures contracts except those where one side is held by an entity that owns the underlying commodity (and the commodity is tangible), and all shorts on anything except stocks of businesses that make something or provide a service.
The odious Uniparty publicly proclaims their desire for reforming this bunch of crooks but are secretly funded by them with the understanding, that wink, wink, nothing will happen but the necessary empty public rhetoric for pandering to the rubes.
So you have no issues with adding a FURTHER LAYER of regulation. What you propose is Dodd-Frank on steroids