“An article at Investment News reports on the decline of independent small brokerage firms. These firms are squeezed by new regulations. The large firms have teams of lawyers that can deal with the changing regulation, not so for the smaller firms, so they get squeezed out of business. It’s this type of regulation that results in the rich getting richer and others falling behind.”
http://www.economicpolicyjournal.com/2013/01/how-regulations-squeeze-small.html
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