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05-03-2018, 05:22 PM #1Karen37aGuest
Regulation - Top - Down
I was the one against Regulation because I didn't want to restrict funds coming into the industry from investors etc.
Now that everyone has chased investors away, and everyone is acting like we are in Sodom and Gomorrah or something similar, let's do it.
Testing for everyone. Make it as hard as the series 7 so only 3% of the people get thru, also do the background checks and make them as hard as mortgages or investments...no yes to fraud, most felonies etc.
Funders have to go thru regulation too. Net cap requirements of funds on hand.
Disclosure or transparency on files and white labels
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