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A comment on Why the S.E.C. didn't hit Goldman Sachs harder. Parent comment

Re:Why the S.E.C. didn't hit Goldman Sachs harder by julian_1 on Thursday April 21, 2016 @04:58PM (#11545301)
> Basically, regulators don't have the balls to go after the big guys.

The other component to this, is that regulatory compliance becomes a significant barrier to entry for new firms. Incumbents end up gaining even more organizational power as market power increases, and competition on price and service quality decreases.

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Re:Why the S.E.C. didn't hit Goldman Sachs harder by wildmusings on Friday April 22, 2016 @01:27AM (#11547234)
Goldman Sachs has even mentioned this as an advantage on earnings calls. The regulatory burden on the financial industry is insurmountable for a new entrant.
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