After seeing the attack on day trading (both from the recently enacted PDT rules and the proposed option restrictions: http://www.elitetrader.com/vb/showthread.php?threadid=1136 ) a lot of people have floated the idea of creating a trading lobby to represent the traders and their interests. I don't think that we need to reinvent the wheel. The trading brokers such as IB, Schwab (Cyber), Ameritrade, Datek, etc. and our interests are aligned. Each of these organizations have many talented and experienced experts in the field of securities law. My idea is to ask them to form a joint organization funded by them that would present their clients interests before the SEC and other relevant regulatory bodies. In this way any costs associated with fighting this anti-trading campaign are shared equally by every trader. It is time that they recognized the extent of the danger they are facing as an industry and acted to protect themselves against the large behemoths such as Goldman Sachs, JPMorgan, MLynch, etc. What are your thoughts?