DOJ/SEC compliance narratives are now mainstream - direction is bearish, but the timing edge is closing fast
The Opportunity
The bearish mechanism still makes sense: enforcement and compliance narratives widen risk premia, raise legal cost expectations, and can trigger secondary disclosure cascades. That is why the direction remains SHORT. But the system is telling you the edge is closing: this is in propagation_monitor, meaning the market has broad visibility, and the remaining advantage is primarily interpretive (which cases matter, which issuers are actually exposed) rather than informational.
The Timing
In Bullish 62/100 conditions, broad shorts are structurally harder, and the system already frames the position as fighting the tape. INVESTIGATE here means: if you want exposure, you need a new filing, a new order, or a named issuer-level disclosure that forces a repricing. Without that, you are late to a story that has already propagated, and crosswind risk (45) makes late-stage entry particularly unforgiving.
The Evidence
Hydrated source URLs are not provided for this propagation-monitor signal in the 7A bundle (hydration_integrity is marked missing). The evidence we do have is structural: Tier-1 dissemination is implied by the routing, and the propagation posture is catalytic, which usually means the story is already circulating widely. That is sufficient to justify INVESTIGATE rather than TRADE: bearish direction, but diminishing timing advantage.