I think it will wither from lack of attention, but let’s see.

Which part?

I doubt the incoming SEC chair, Atkins, will quash, but I don’t think the enforcement lawyers on this case will see a lot of career opportunity in it.

True enough. I used to work with him at the agency. He will disrupt, but not throw bombs.

Actually, the fault isn’t legislators but human behavior itself. It is hard for legislators, and even for market regulators (I was one) to incorporate behavioral economics and cognitive science into laws, and even more so for the industry groups to do so for voluntary codes.