[lbo-talk] Occupy the SEC

[Julio Huato]

This is a 235-page letter that Occupy the SEC has sent to the
regulators of the U.S. financial system.   I have not read it, yet.
So I'm relying on a blog post by Felix Salmon praising and quoting the
letter (see link below).  The Occupy the SEC letter is a detailed
critique of the Volcker Rule.   IMO, the important thing to note here
is that, with initiatives of this kind, the people engaged in OWS are
demonstrating amply that they have the caliber to take over these
regulatory bodies and help working people reform the financial system
and align it to their interests.

http://www.occupythesec.org/letter/OSEC%20-%20OCC-2011-14%20-%20Comment%20Letter.pdf

Salmon's blog post:

http://blogs.reuters.com/felix-salmon/2012/02/14/occupys-amazing-volcker-rule-letter/