Nicolas Morgan

The SEC exists to protect investors. This protection should be the bedrock of our free and fair markets. That's the premise behind every rule the SEC writes and every case it brings. But a very different picture begins to emerge when you look closely at the actions of the regulatory agency and ask a simple question: Who does this protect? A series of recent Unchained Markets Substack posts do just that.

From submitting landmark amicus briefs at the Supreme Court to representing clients targeted by unprecedented enforcement theories, this retrospective proves why a public interest law firm like ICAN is vital for the health of America's capital markets.

In this special Independence Day episode of Capital Ideas, we celebrate the financial foundations of America with renowned economist, professor, and direct descendant of Benjamin Franklin, Mark Skousen. Author of The Greatest American: Benjamin Franklin, The World’s Most Versatile Genius, Skousen details how Franklin aggressively broke from traditional anti-capitalist philosophies to explicitly defend speculation, investment, and commercial society.