Steve Wunsch is a recognized expert on stock market structure and regulation who has written and spoken on these topics for over three decades, including several times before congressional committees. He is a holder of two patents for the ISE Stock Exchange, launched in 2006, and is the founder of the Arizona Stock Exchange, launched in 1992, both regulated markets that provided an inside look at how the SEC operates. Wunsch saw up close how today's market structure problems, such as high-frequency trading and the collapse of IPOs, had their roots in SEC regulation, as he predicted in testimon...