Regulators and prosecutors do as industry tells them. In this case it's not clear that industry wants anything changed. The smarter hedge reptiles made some mon

Regulators and prosecutors do as industry tells them. In this case it's not clear that industry wants anything changed. The smarter hedge reptiles made some money riding the momentum of this thing, and will make more riding it back down when it collapses. Being reptiles, they won't cry because one or two of their number didn't make it out alive. Smart money is never going to outlaw dumb money.