The United States has built the world's largest stock exchange and capital markets thanks to its level of transparency and reputation. But with Donald Trump's arrival in the White House, the rules of the game are changing. Under the umbrella of deregulation, many analysts see a shift toward strengthening the boards of directors and managers of large companies to the detriment of small shareholders. "Donald Trump is tilting the balance of power from investors to CEOs," warned the Daily Mail in an article this week. Financial Times, one of the oracles of capitalism.