Friday, July 01, 2011
When did being a regulator become so profitable?
8 of the top 10 FINRA execs were paid more than $1 million last year, according to InvestmentNews.
Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
1 comment:
FINRA regulates fat Wall Street cats making million-dollar incomes. The argument, which I don't entirely buy, is that the regulators would be cowed and ineffectual if they made only a fifth as much.
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