Where are the Customer Yachts?
Is the SEC about to take it too far? Probably, maybe, but being too restrictive on a free market system ultimately limits access to the self-directed investor. The problem is the big-name hedge fund managers and investment agencies are rarely in the game for the best interest for the customer. There is a misalignment of the service side versus the principal side. This problem remains largely unresolved to this day. Access needs to be realigned to even the playing field for regular Joe trader. On this week’s episode, Tom and Dylan take on regulatory entities, the SEC announcement and how it is going to impact access for the self-directed trader.
