Max Schatzow (@advisercounsel) 's Twitter Profile
Max Schatzow

@advisercounsel

Counsel to RIAs, BDs & fund managers on registration, compliance, and enforcement issues. Husband, dad x2, dogdad, beer, ball sports, bikes, fiat.

ID: 2318175157

linkhttp://eepurl.com/hRMM0H calendar_today30-01-2014 02:52:52

27,27K Tweet

6,6K Followers

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Frankly, this is the biggest risk of tokens being an unregulated asset class. The people pushing these products have no duty to their customers. They aren’t commodity trading advisors or investment advisers. They are just people who want to take a slice of the pie.

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Stepping into the century. This is good. Whether investors receive paper or electronic disclosure, the idea that they are reading them and relying on them is maybe the longest running joke of federal securities law.

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Not a financial advisor, but I wouldn’t recommend this approach. Not at 58. Not at 38. Not at 28. Get a better job or start a business if you feel like you need to do this for any reason.

Not a financial advisor, but I wouldn’t recommend this approach. Not at 58. Not at 38. Not at 28. Get a better job or start a business if you feel like you need to do this for any reason.
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The U.S. Securities and Exchange Commission is estimating it will examine ~11% of investment advisers in FY2025 and 2026. That is roughly 1,600 examinations. I never really believed the higher figures (14-16%). Might as well be honest about what constitutes an "examination" and not overinflate reporting.

The <a href="/SECGov/">U.S. Securities and Exchange Commission</a> is estimating it will examine ~11% of investment advisers in FY2025 and 2026. That is roughly 1,600 examinations.

I never really believed the higher figures (14-16%). 

Might as well be honest about what constitutes an "examination" and not overinflate reporting.
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Like a feral neighborhood bike gang in the summer. The only thing that really got you in trouble is if you didn’t call and didn’t come home by dinner time.

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I’ve lived about a hour outside NYC my whole life (ex college and law school). I’m not a city person but NY has never done it for me. Every US city I have visited, I tend to think would be a better, more interesting place to live for me personally.

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Recently reviewed a bid for a quarter million dollars for what amounted to a small-ish data analysis project. With AI where it currently stands, I frankly couldn’t imagine any company paying that much for this kind of work ever again.

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Instead of owning up to an honest mistake like a normal person, you develop an elaborate criminal conspiracy claim years after the fact. Kudos!

Max Schatzow (@advisercounsel) 's Twitter Profile Photo

I feel like we’ve been talking about this hypothetical, major wave of boomers selling their small businesses for over a decade now. Is there data to show that we are at or nearing these predictions?