Will Regulatory 'Sandboxes' Make a Comeback? SEC's Peirce Makes a Pitch
Also, a Finra study on AI offers some good news for brokers -- at least for now; SEC to shutter Salt Lake City office; Chamber warns agencies over bonus rule
This time next year, Republicans may control the levers of power in Washington – a flip that would obviously mean big changes for financial regulatory policy. One shift that could happen pretty quickly: Agency heads would be more open to allowing start-ups to experiment with new financial products.
SEC Commissioner Hester Peirce offered a preview of that…