- Why a new study finding that “traders are useless” may signal a market top
 - Our thoughts on another recent paper urging caution when accessing single-dealer platforms
 - As SEC Chair Gensler reflects on a busy first year in office, the fun for market-structure nerds is just beginning
 - The industry asks the SEC for more time to move from two- to one-day equities settlement
 - President Biden nominates two new SEC commissioners
 - Debate rages in Europe over the future of payment for order flow
 - Big banks struggle to play catch-up with financial-technology startups
 - Crypto giant FTX makes a significant investment in US stock exchange IEX
 - Robinhood acquires a UK crypto firm as a European beachhead
 - Institutions continue to dip their toes in the cryptocurrency pool
 
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