What’s going on here? Yesterday, the SEC (Securities and Exchange Commission) okayed a new set of conflict of interest rules for brokers. They’re aimed at making brokers act in their client’s “best interest” instead of their firm’s “best interest”…or anyone else’s. A broker is a person or firm who arranges transactions between a buyer and a seller for a commission…
Tag: sec
Ep 12: The crypto rebellion
What’s going on here? The history: American history is filled with rebellion against dominating government: Tax-weary colonists throwing tea into Boston harbor; or The Reagan Revolution where voters demanded a rest from regulation in 1981. Today: Leading figures in the cryptocurrency industry are at a breaking point of their own, issuing a collective protest against the…
with HT 