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Tag: financial regulation

Financial Regulations Protect Consumers–Sometimes

The financial services field is one of the most regulated in the United States. I’m told that our regulations are as complex as those in the medical field. This makes sense; our health and our money are two important pillars of wellbeing. Preventing harm to...

Do New Socialists Really Want Socialism?

Watch this video on YouTube Increasingly in the US, it’s becoming more socially acceptable—perhaps even fashionable—to be anti-wealth and anti-capitalism. Even identifying as a socialist is no longer the dominion of the far left but is gaining popularity. A number of...

Hidden Costs of Financial Product Sales

Watch this video on YouTube What’s wrong with earning a commission from the sale of a financial product? Nothing. It isn’t any more inappropriate than a car salesperson earning a commission when you buy a vehicle. Yet there’s one important difference. When...