SEC Roundup 99: Regulatory Capture or Power to the People—What do SEC rule comment letters tell us?

Who actually holds the power when the SEC writes the rules of Wall Street? Co-hosts Nick Morgan and Tom Zaccaro sit down with Dartmouth and University of Florida professors Gabriel Voelcker and Gabriel Pündrich. Using AI to analyze 30 years and over 65,000 public comment letters, their groundbreaking data reveals whether corporate lobbyists or retail investors have the upper hand—and exposes surprising truths about how the agency functions across political administrations.