I spent many many years working in capital markets- including working in regulatory areas. While I support banks being heavily regulated- it gets to a point where it needs to make sense- and it just doesn't. We did what we always do, tried to find quick fixes in a patchwork of regulations, often times each regulator seeking their own customized data and reporting resulting in a tremendous amount of overlap from one regulatory body to the next. Dodd Frank, Basel III, some others I can't remember- as the years of working in real estate have moved me further and further away from my prior career. One day it's the SEC, the next the Federal Reserve, the day after that it's a European Regulatory body,  CFTC, NFA, etc...all want things their way- and so much of it overlaps with one another (not mixing securities with commodities/derivatives of course). At some point, unless we have comprehensive regulatory reform that properly addresses multiple regulatory bodies- in an intelligent away, the next crisis is going to happen with or without all these regulations.  This is a massive topic- but Fannie and Freddie (as massive as they are) are only a small piece of the big picture. 

Brandon Jordan I am personally staying away from cryto for a while longer as the volatility, volume of sheer speculators, etc. Let the day traders speculate. At some point the system will become stable enough for me to consider investing- but that is a while off the horizon. 

These are products that truly require significant regulation. The challenge is that depending on the product- it could be a security and/or it could be a currency/commodity- falling into both SEC and CFTC- and obviously this is a battle. I am no fan of the CFTC, as they stole the training materials I created at CME group (and was informed as a regulator- they could use these materials in house- but they didn't even have the courtesy to even consult with me- I found out because it's a revolving door working at banks, exchanges and regulators). But I do see some of these products as currencies/commodities/futures products and others as securities - so it requires collaboration to come up with a smart regulatory framework.  

As for Fannie/Freddie- they are causing all new problems in my market as a result of their changes that went into effect as of July 5th- a response to the Miami Surfside collapse. A lot of our condos here hold special assessments rather than have a reserve as special assessments can add to your basis while common charges (sort of similar to HOA fees) don't. The agency rule changes amount to a dramatic financial response without a formal heads up especially when you consider we have building facade inspections required every 5 years with mandatory repairs identified by these inspections - while places like Miami didn't. Anyone seeking financing in the next year or so in Manhattan (which is largely all cash sales) are in for a wild ride as buildings adjust.

It's not just Florida that are being impacted with insurance issues. While pulling out of markets is currently only impacting a few states- the issue of insurance rates doubling or tripling is something we have experienced in NY as well. 

While I initially started my career in finance out of college in traditional financial positions- I eventually wound up in Learning and Professional Development- creating training departments/infrastructure as well as course design and occasionally even course delivery.  Yeah, I know what you mean about being asked to work for free or at a deeply discounted rate. I worked for a training consultancy where a college asked us to design and deliver training for the technology on a mock trading desk. They had all premium equipment and software- but they wanted the training deeply discounted. We had considerable experience training people on many of the trading floor software and equipment- but it's not something we could afford to offer deeply discount training and ultimately passed on the project.   

Foreclosure here is very complicated. Last year I finally completed a common charge foreclosure lien as condo board President. The owner defaulted in June 2009- and we finally completed the sale of the property May 2022- just a few weeks shy of 13 years. I would not want to create training for free considering all the quirks that our laws allow for- it's a lot of time to create materials with the considerable variables. Instructional Design- I charge $500/hour and $1,000/hour for course delivery- though I have moved on and don't actively seek this business anymore.