Former SEC Commissioner Atkins on Short Selling

The video discusses the debate over short selling bans, highlighting their ineffectiveness during the 2008 financial crisis. It explores the shift from trading on fundamentals to market volatility, questioning the need for circuit breakers. The role of confidential supervisory information and bank secrecy in market stability is examined. The discussion extends to the impact of information on volatility, regulatory failures, and the potential for universal deposit insurance. The challenges posed by digital banking and the speed of financial changes are also addressed.

What role does the speaker believe universal deposit insurance could play in restoring confidence?

How has the digitalization of banking changed the way depositors react during financial instability?

What are the implications of the government potentially backing every deposit?