Problem:
Thomas weasel, chief executive of a securities firm that bears his name believes that individual investors already have too much information. "Many lose money by trading excessively on stray data," he says. Other industry professionals oppose the SEC's fair disclosure rule (Regulation FD) for the same reason. The Securities Industry Association's general counsel expressed concern that the rule restricts rather than encourages the flow of information. Other securities professionals argue that individual investors aren't really capable of interpreting much of the information now available to them. Explain why you agree or disagree with these opinions.