The Financial Industry: A Novel Idea – Doug Ashburn
Doug Ashburn, John J. Lothian & Co.
“There’s plenty of room to go from here; there are lots of opportunities for people to actually still write these rules and also people who can innovate. We need innovators.”
It was the best of times, it was the worst of times. For the financial industry, the implementation of Dodd-Frank would become a game changer. Doug Ashburn of John J. Lothian & Company gives an abridged history of the financial industry and touches on how regulation has impacted the global markets. Ashburn gives insight on the effects new regulation may have on the upcoming generation of business professionals, and encourages students that the industry is not just for those with business or finance degrees. Keeping with his literary theme, Ashburn concludes by saying that there are still many chapters left to be written, and there is plenty of room for more voices.
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