Howard A. Fischer was recently quoted in a Reuters article entitled "Analysis: Will the games stop? SEC mulls crackdown on trading apps"

"The SEC has been very concerned that many younger investors, many of them too young to legally drink alcohol, are instead getting intoxicated by digital engagement in the market," said Howard Fischer, a partner at law firm Moses Singer, adding the industry is likely to push back hard.

"It is likely to have a war on its hands."