Former CFTC Fintech Adviser: 'Regulators Do Not Move at the Pace of Startups'
Hans Morris argues that despite recent announcements, 'less than one-quarter of a percent has actually changed.'
June 29, 2017 at 03:00 PM
3 minute read
A lot of talk with little action. That's the feeling that some financial technology companies have expressed about regulators in the space.
During the Future of Fintech event, hosted by CB Insights in New York this week, representatives from companies expressed their concerns about when some much discussed fintech regulations and initiatives could take hold—and a former regulator responded.
Hans Morris, managing partner with venture capital and advisory firm Nyca Partners, expressed his frustration with the regulatory process under which fintech companies operate.
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