Brian Hamburger on Surging Merger Business in RIAs
Masters in Business
00:00
The Role of Large Firms in Rulemaking
The NASDR did such a great job protecting people from the worst brokers. They didn't, right? I mean, they did a horrible job. And so when larger firms would push, would advocate for these rules, right? No one thought about the law of unintended consequences. The big firms did, right? There's really smart people at Morgan Stanley and Merrill Lynch and Goldman Sachs,. Whereas small firms are just reacting to these rules on the most part.
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