Mike Konczal: An Interview With Occupy The SEC
February 13 was an important deadline for comment letters relating to the implementation of the Volcker Rule. One group that submitted a comment letter was Occupy the SEC, an Occupy Wall Street-affiliated working group that has an excellent web presence outlining their objectives. The site also includes their comment letter (available as a pdf here) — all 325 pages of it.
Felix Salmon, Matt Yglesias, Swampland, The Nation, Josh Harkinson, and Dave Dayen, among many others, have all said great things about it. I was most impressed with the point-by-point, aggressive answering of the regulators’ questions — the stuff that can make a difference. Felix suggests reading the introduction if nothing else, particularly pages 3-6, and I agree.