Hal Scott on the Rekindling of Trust in Wall Street

The video discusses the state of trust in Wall Street in 2017, highlighting President Trump's efforts to promote a strong financial system. It addresses the numerous regulatory vacancies in Washington, emphasizing the importance of filling these positions for effective supervision. The discussion also covers the Dodd-Frank Act, comparing it to past securities legislation and suggesting a need for regulatory adjustments to balance growth and regulation.

How does the text compare the current regulatory moment to the Securities Act of 1933 and 1934?

What changes in regulation does the speaker suggest are necessary for the financial system?