Supreme Court sides with Slack, putting direct listings in jeopardy
&gt; &quot;Naturally, Congress remains free to revise the securities laws at any time, whether to address the rise of direct listings or any other development. Our only function lies in discerning and applying the law as we find it.&quot;<p>I really don&#x27;t see how anyone that actually reads Supreme Court decisions calls this court illegitimate. They are very consistent about not being a super legislature, no matter how disruptive that happens to be. While the prior court seems to have been acting ... more like one? Its the opposite of how the media and discourse has been, but every time I read a case I just can&#x27;t reach that conclusion.<p>I just don&#x27;t think this observation will be considered controversial in history books, compared to now.<p>Congress can&#x27;t reach consensus and doesn&#x27;t understand the most holistic thing to do. The court stopped picking up the slack for Congress and wouldn&#x27;t have been doing so before in a system with actual checks and balances. Isn&#x27;t that a plainer reading of what&#x27;s happening?