There’s One Industry That Has Major Potential And Jeff Yastine Explains What It Is

The editorial director at Banyan Hill Publishing is Jeff Yastine. He recently highlighted an industry that isn’t that well-known, but has a lot of potential. Yastine started off by saying that a number of changes tend to take place after the government decides to start regulating a specific kind of business. When this happens, many large firms hires employees that are in charge with making sure the company is compliant.

Jeff Yastine said that society can be affected both in a positive and negative way when laws are passed. However, businesses can expect higher business expenses, which can sometimes lead to share prices to fall. The bottom line is legal compliance expenses are a lot and many financial institutions collectively spend well over $60 billion in efforts to avoid running afoul of laws.

There is a solution for companies, and this solution comes in the form of regulatory technology. Regtech can help reduce costs associated with legal compliance. If investors are looking for something with serious potential, then they should consider investing in firms that provide such services.

Around 100 small enterprises are served by the Regtech sector, and these includes brands such as OnRule and ComplyAdvantage. However, these companies haven’t sold shares to the public, yet. In the future, their services will likely be used by most heavily regulated industries.

A few Regtech companies plan or have held IPOs, and these companies could end up growing tremendously as more and more companies start to do business with these regulatory specialists. This means investors will want to seriously consider investing in companies that use Regtech services.

Who Is Jeff Yastine

As previously mentioned, Jeff Yastine is the editorial director at Banyan Hill Publishing. He has been the director since 2015, but he has over 20 years of experience working as a financial journalist, as well as a stock market investor. Yastine is known for providing exclusive information that is aimed at helping people get the most from their investments.

Yastine can be found on a number of social media platforms, including Tumblr, Google Plus, Twitter and Facebook. He frequently shares content that is relevant to his industry.

Read:https://www.bloomberg.com/research/stocks/private/person.asp?personId=332074010&privcapId=109183793&previousCapId=109183793&previousTitle=The%2520Sovereign%2520Society

 

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