Jurisdictional lines getting drawn means my compliance costs become predictable, which is the only "clarity" that actually changes how I size positions.
Big money doesn't move until the rule book stops changing, and this is one more page getting locked in. Watching for accumulation to pick up quietly now.
Two regulators figuring out who gets to shake you down is not the same as clarity.
Jurisdictional lines getting drawn means my compliance costs become predictable, which is the only "clarity" that actually changes how I size positions.