What kind of regulatory framework will we be running under, what is going to have changed?

What kind of regulatory framework will we be running under, what is going to have changed? payday loans Benton direct payday loans

Brian: So those are form of the key issues in those deals.

Peter: Okay, okay, therefore last question. We’ve had lots of interest throughout the last 6 to one year through the government that is federal we’ve had the Treasury white paper that came down per month ago, we had been both during the FTC yesterday where these were speaing frankly about marketplace financing in addition to OCC, the FDIC, there is an array of federal government agencies it is like taking a look at this industry. I really want you to simply gaze to your crystal ball and let me know how will you we be operating under, what will have changed think…if we come back together in two years time, what sort of regulatory framework will?

Brian: Well, very very first I’m likely to ask you who’s planning to win the elections?

Peter: laughs…right, We have no idea on this one, that’s area of the equation Brian: It shouldn’t make a difference although the folks who will be evaluating market financing during the FDIC, in the FTC, in the Treasury Department, most of them are management appointees and it also stands to explanation I think there’s been a lot of interest in agencies in getting up to speed on how these platforms work although it’s not necessarily going to follow that a Trump presidency would be more business friendly than say a Hilary Clinton/Elizabeth Warren type ticket which we’re hearing about, but to be fair to this and obviously these agencies worked through all sorts of administrations. Devamını oku