Moving back to my actual point, the SEC and DOJ should leverage this prior settlement to enforce stricter sanctions.

The mere existence of the prior action makes them cannon fodder. Hit them.

Sanction them for what? What they did today was caused by following the rules. They couldn’t do anything else.

If they did restricted selling it would be “fair” but it would be illegal because only regulators can halt sales.

Ok, its a good question.

I think outside of specific sanction any resulting regulation should be a comprehensive restriction on payment for order flow, as part of the already ongoing populist trend of valuing data and considering it users property with its own property protections.

But payment of order flow directly benefits retail traders. They get better spreads because of it. Why would you limit that?