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The Fleecing Equilibrium: FINRA Regs Protect Brokers, Not Consumers
Bob Veres in Inside Information 
[Opinion] July 25, 2013 "[W]e have been calling the FINRA regulatory structure a consumer protection vehicle, and pretty much everybody in the debate has fallen into the trap of thinking of it in those terms. But in fact, the FINRA regulations exist to protect the brokerage firms from the worst consequences of their perverse incentive systems." MORE >> |
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