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Government,
Corporate,
Administrative/Regulatory

Aug. 15, 2017

It’s not too late to be tough on Wall Street

President Trump can both rein in Wall Street abuses and adhere to the free market principles by allowing the SEC to partner with the private securities bar in prosecuting the most complex and consequential cases.

Blair Nicholas

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David R. Kaplan

Senior Counsel
Saxena White PA

Phone: (858) 997-0860

Email: dkaplan@saxenawhite.com

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It’s not too late to be tough on Wall Street
Jay Clayton, the new chairman of the Securities and Exchange Commission, addresses The Economic Club of New York, in Manhattan, July 11. (New York Times News Service)

In a commercial that ran just days ahead of the election, then-candidate Donald Trump lambasted Wall Street as part of “a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth, and put that money into the pockets of a handful of large corporations.” Trump promised he would be “tough on Wall Street.”

But judging by the evidence so far, Trump’s elect...

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