Federal regulations are choking Americaâs small businesses, says Frank Holmes CEO of U.S. Global Investors â a publicly traded money management firm with $2.6 billion in assets under management.
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The "Bank Reform" rules passed by congress a short time ago are still unclear.
Was on the phone with Dubia early this Am, I'm hearing that many US investment Firms are looking for an exit if these rules tangle their models.
Dubia is active in seeking such firms and offering them some incentives to opperate outside the US.
We will have to see if there is a mass exodus in Firms, as Steve Wynn of Wynn Resorts has already moved his "Main" office to China.
Atlas Shrugged, warned of the end result if the Goverment became hostile against Business.
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The "Bank Reform" rules passed by congress a short time ago are still unclear.
Was on the phone with Dubia early this Am, I'm hearing that many US investment Firms are looking for an exit if these rules tangle their models.
Dubia is active in seeking such firms and offering them some incentives to opperate outside the US.
We will have to see if there is a mass exodus in Firms, as Steve Wynn of Wynn Resorts has already moved his "Main" office to China.
Atlas Shrugged, warned of the end result if the Goverment became hostile against Business.