While it is tempting to think that things could have turned out differently for some of these firms if they had implemented and executed a Dodd-Frank living will, the reality is that probably not much would have changed.
I don't know if my methodology would yield better results than the U.S. government's strategy (which failed to find a single trader) during the last ten years. But I'm certain the results couldn't be any worse.
The only way to restore confidence in our markets is to reinstitute time-tested rules on short selling and make certain that the new market structures and trading mechanisms are understood and properly regulated.
While opponents of the financial reform have zealously sought a reprieve for the nation's bankers, perhaps what is most striking is that there has been no reprieve for the American families crushed by the financial irresponsibility in which those bankers engaged.
More than one out of ten registered investment adviser firms have reported that they have been the subject of some sort of disciplinary action over the last decade.
The first step in my crowdfunding journey was understanding exactly why the SEC prohibits this form of fundraising.
Recent days have seen a good deal of commentary regarding a proposed easing of the SEC's rules governing so-called "private placements" of securities....
The one result that running a regulatory agency by committee can guarantee is that it will be slower and less efficient. CFPB is supposed to be a cop on the beat, and there's a reason beat cops don't work by committee.
You don't trust the securities industry. You can't forget it was these "investment gurus" who brought us to the brink of a worldwide depression. If they can't manage their own money, what qualifies them to manage yours?
I never actually met anyone in person from Bank of America. I was not too big to fail; I was too small to notice.
Once the stock market starts sizzling again and Boomers may be deluded into thinking they can retire, there's not much that will stop a broker or insurance salesperson from turning their inadequate 401(k) balance into an annuity.
As a corporate lawyer for entrepreneurs, I am frequently asked if it's okay to raise funds on Facebook or LinkedIn. The short answer is no. Here's what you should know.
It is for many of us a huge disappointment to see Rajat Gupta involved in one of the dumbest things one could do on Wall Street.
The ultimate deconstruction of the notion of "scornful shareholders" goes to the wishful thinking the Times often indulges in -- that there really is a process called shareholder governance that works.
If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.
You are hereby invited to join my journey as I endeavor to use crowdfunding as a 21st century alternative to angel investment fundraising.