Goldman Sachs and JP Morgan Manipulate Commodity Prices While the SEC Cheers Them On.

This week, I contributed an article to The Capital Press. You can read it here.

Here's a quick excerpt:

It’s not exactly controversial to say that the integrity of the SEC—the institution which holds primary responsibility for enforcing securities laws and regulating the financial industry; the country’s front line of defense against financial wrongdoing—has been compromised by revolving door politics. Just like many politicians and staffers on Capitol Hill have been influenced by the promise of cushy positions in lobbying or law firms following their exit from public life, many financial regulators have also been rendered ineffective under the mantle of personal financial security promised to them by the same institutions they are charged with overseeing.