In giving Dodd-Frank the Botox treatment, Congress misses the point of what's wrong with financial regulation: It's an old mess.
Within the world of cryptocurrencies, ICOs are the way to raise funds – but without any government oversight.
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it's done today.
Deutsche Bank may have the assets to outweigh its liabilities but this won't save it from a run on its stocks.
The sentences handed to insider traders Lukas Kamay and Christopher Hill send a strong message, but preventing the opportunity for such crimes to occur is just as important.