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Legal Changes and UCC Impact on Investment
1 year ago
204
Finance
ewr
kevin freeman
economic war room
retirement savings
dematerialization
Paperwork crisis
New York Stock Exchange
Depository Trust Corp
securities
collateral
The legal framework that allows extensive use of collateral and undermines investor security ownership is detailed. Kevin Freeman and David R. Webb discuss an analogy of buying a car and losing it to repossession due to the dealer's financial practices to explain the vulnerabilities in asset ownership under current legal conditions.
@EconomicWarRoom
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