We cannot lose sight of the reason for compliance and the "spirit" in which it exists. But we need to recognize that we need a new way to maintain the regulatory spirit and discard those ideas that are no longer relevant in a world of Facebook, Twitter, LinkedIn, blogging, social media, posts, 'likes', endorsements, comments and opinions, all of which appear in real-time.
Last year, Time magazine reported that more than a third of American women are now the family breadwinner, yet still "lag behind men in actions crucial to building wealth and security, such as investing and having a long-term money plan." That's not very cheerful news. When it comes to financial matters, it is vital that we empower ourselves to take control and take advantage of every opportunity to make our money work for us.