Quote:
Originally Posted by MoneyGuy
I don't think I've missed your point. We just disagree. I think having a dealer providing stringent oversight does add a layer of regulatory compliance.
|
Except you are wrong - it does not add another level of compliance
What it does is separate the responsibility from the individuals to another firm. And the end result of that is (almost always) softer rules and less accountability.
Quote:
|
I think this pretty much nails it. I take compliance seriously and not just because I know I have a dealer watching me and regulators watching both of us.
|
This discussion is not about whether any of us take compliance seriously. THe fact that we are discussing it here demonstrates that we all take it seriously.
The only issue under debate is what platform would best serve the interests of investors.