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Delighted To Participate: Occupy Fiscal Gurus Take On, In Depth, the SEC
Fighting Wall Street on their own turf, the dirty hippies and know-nothing malingerers of the Occupy movement have fired off a 325-page comment letter to the Securities Exchange Commission, months in the making, that methodically, knowledgeably, passionately defends the Volcker Rule - a key provision of the Dodd-Frank Wall Street reforms aimed at prohibiting banks from the kind of speculative "proprietary" trading that caused the financial crisis in the first place - against lobbyists' attempts to dismantle it. Occupy the SEC's "vast array of specialists, including traders, quantitative analysts, compliance officers, and technology and risk analyst" notes, straight-faced, that, "The Agencies involved in the Volcker rulemaking process have an historic opportunity to redress many of the economic wrongs of the past, and create a future that privileges the interests of the many rather than the few."