Investors could be forgiven for wondering what if anything has changed to ensure that those investing their funds are properly regulated in the fallout from the BRK brokers debacle. Once again, innocent, if somewhat gullible investors, have been left out of pocket as the regulator, the Central Bank spreads its hands and says "Not my fault, honest". Unless regulation is properly addressed and soon by the McDowell committee or someone else, investor confidence will eventually take a hammering . . . and then all the honest brokers will be crying "foul".
Investors pay for regulatory weakness
Investors could be forgiven for wondering what if anything has changed to ensure that those investing their funds are properly…
Join The Irish Times on WhatsApp and stay up to date
Sign up to the Business Today newsletter for the latest new and commentary in your inbox
Listen to Inside Business podcast for a look at business and economics from an Irish perspective