Thread by @SusanneTrimbath

When I set out to help investor and entrepreneurs, I believed the only possible solution was for Congress to act to force trade settlement. I believed that until I talked to Congress (Naked, Short and Greedy, Chapter 7). 1/4

Then I believed the only possible solution was in the courts. I believed that until I saw lawsuits by a multitude of public companies and investors fall apart under opposition from Wall Street’s self-regulatory rules (Chapter 9). 2/4

Next, I believed the only possible solution for investors and entrepreneurs being damaged by WS was through the criminal justice system. I believed that until I talked to the Department of Justice and the Federal Bureau of Investigation (Chapter 12). 3/4

Now I believe that we face a true regulatory crisis. The crisis will never be resolved if all we do is rearrange deck chairs on the Titanic. The current system cannot survive what it will take to fix it: the end of self-regulation. 4/4

I started working on the programs and processes in 1993 to make #DRS possible so entrepreneurs and their investors could connect without intermediaries. Hear or read "DRS: Origin Story" on my website.
stpadvisors.com/other-stuff