New Constructs
0Comments

What are the regulators doing?

Most of the time when I meet with investors (large and small) and explain what I do and New Constructs does, they are astonished about what I explain as the reality of the investing world. They always ask: "What are regulators doing?"..."How can they allow these things to go on?" The answers to that question are:
by David Trainer, Founder & CEO
New Constructs
1Comments

Where do regulators go to make money? Wall Street

"Close the revolving door between the S.E.C. and Wall Street. At every turn we keep coming back to an enormous barrier to reform: Wall Street’s political influence. Its influence over the S.E.C. is further compromised by its ability to enrich the people who work for it. Realistically, there is only so much that can be done to fix the problem, but one measure is obvious: forbid regulators, for some meaningful amount of time after they have left the S.E.C., from accepting high-paying jobs with Wall Street firms."
by David Trainer, Founder & CEO