Wall Street Pay

I just read an interesting article that bank regulators are looking back into limiting Wall Street. With a lot of people attracted to the high pay of Wall Street, I am curious to see how this affects students decisions to enter Wall Street. What do you guys think? Additionally, the potential limit of Wall Street pay by regulators is due to securities employees receiving bonuses for making risky decisions. However, when their decisions turn bad, they pile up a ton of losses and some still come away with hefty bonuses. Do you think this is ethical? Is this a necessary change to be made on Wall Street? I am curious to hear your thoughts.