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73 - The Network Effect

TRAP: The Real Adviser Podcast

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Challenges and Opportunities in Financial Compliance

This chapter addresses the heavy compliance costs faced by financial institutions amid increasing regulatory demands, emphasizing concerns about inefficiency and information overload. It explores the impact of cryptocurrency and the evolving investment landscape, particularly for younger investors, while highlighting the regulatory challenges and mixed signals faced by financial advisors. Overall, the discussion underscores the need for reform in compliance practices and raises caution about emerging investment opportunities.

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