“How Operation Choke Point Hurts the Unbanked” [former FDIC chairman William Isaac, American Banker] A nation of snitches: “U.S. rules would expand white collar crime informers” [Reuters] Courts should stop giving deference to agency interpretations of criminal law: “Justice Scalia’s shot across the SEC’s bow re insider trading” [Bainbridge] Judge Rakoff criticizes SEC for bringing so many enforcement proceedings to in-house adjudicators… [read post]