August 31, 2023 by Finseca
While appropriate regulations enhance transparency and accountability in the financial sector, an excessive load of compliance and regulatory burden can lead to many unintended consequences that ultimately hurt the very individuals they aim to protect as well as all the financial security professionals (FSPs) providing that service.
In case you missed it, the latter – more compliance and greater regulatory burdens – may be coming your way if the SEC wins its ongoing legal challenge in SEC v. Cutter.*