The investment banks on Wall Street don't like competition, so they sent the errand boy of theirs who runs the SEC to SHUT IT DOWN

"Walter J. "Jay" Clayton III is an American attorney and Chairman of the U.S. Securities and Exchange Commission!.

At Sullivan & Cromwell, Clayton was co-managing partner of the firm's General Practice Group. He specialized in mergers and acquisitions transactions and capital markets offerings[3] and represented prominent Wall Street firms, including Goldman Sachs.[5] He served as an adviser to numerous companies regarding issues related to the Federal Reserve, SEC, Department of Justice and other agencies.

He has also helped multiple corporations raise money through initial public offerings, including Alibaba Group,[7] Ally Financial, Och-Ziff Capital Management, Oaktree Capital Management, Blackhawk Network Holdings, and Moelis & Company."