Why More Regulations Aren't the Answer to the Equifax Breach?

Joe BonannoHBW Advisory Services President/Chief Investment Officer Joe Bonanno joins CU Broadcast to explain why more regulations are a bad idea in response to the Equifax breach. Joe adds how more regulations would impact financial institutions and consumers in a negative way.

So what's the answer to these major breaches? Joe provides his take on this question and what credit unions need to be doing for their members to keep them safe.

Check it out and let us know your thoughts. Watch.

Barney Hillenbrand
Barney Hillenbrand

Read HBW CEO Barney Hellenbrand's article in the latest issue of California Broker Magazine:
Welcome To A New Industry Trend: Small Brokers Affiliating With Larger Firms

Article: HBW Advisory: "Most commission schemes, as they exist today, will not meet the fiduciary rule standard"