Rep. Davidson on the SEC, Crypto and More; Broker AI Rule Under Fire; the `Panopticon' Lawsuit

A lot went down this week. We looked into the DOJ antitrust chief’s much-anticipated plan for redoing bank merger guidance, and found out that he’s not sure an overhaul is even necessary. There was also a pretty informative, and surprisingly civil, discussion about the state of financial regulation — at the Federalist Society of all places. The SEC’s effort to set rules for how financial advisers use AI continued to provoke pushback. And we wrote about a new lawsuit challenging the constitutionality of a massive database for monitoring Americans’ stock trading. Our Friday interview featured a House Republican who sits on the Financial Services Committee. He has a lot of thoughts about crypto, mobile trading apps and Chair Gary Gensler’s agenda.

Read More on Capitol Account here.