> That's just a conspiracy theory. I mean, yes, Protection of Entrenched Interests is a real thing, Regulatory Capture is a real thing. There are real issues to

> That's just a conspiracy theory. I mean, yes, Protection of Entrenched Interests is a real thing, Regulatory Capture is a real thing. There are real issues to discuss there. > But to argue that the purpose behind the SEC et. al. is to ensure "the elite can stay in power" or that "common folks are restricted" is just ridiculous tinfoil hattery, sorry. Thanks for this. Your argument is really simple (in a positive, elegant way) that it functions as a framework to rebuke most conspiracy theories people spew out nowadays. I've just never been able to present it so cleanly.