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Finance also has a ton of self-regulatory bodies, especially FINRA, which acts as a central arbiter of ugly behavior that isn't illegal. I won't sing their prai
by cap11235 1y ago
Finance also has a ton of self-regulatory bodies, especially FINRA, which acts as a central arbiter of ugly behavior that isn't illegal. I won't sing their praises on the hills, but they do exist and they are effective at instilling a sense of fear. Taxis and hotels, and AirBNB and Uber do not have this.
- Spooky23 1y agoUnfortunately, the SEC slashed their spending with them and FINRA laid off a large percentage of the people doing that important work.
- cap11235 1y agoAh, great. I'm sure the DOGE youth have excellent opinions on maintaining market functionality and stability, from their vast experience of being libertarian teenagers.