Jeff Yastine Reveals Surprising New Tech Sector

Jeff Yastine spent many years as a senior correspondent and anchor for PBS Nightly Business Report. That kept at the center of changes in the business world. He is now the editor of the Banyan Hill financial newsletter Total Wealth Insider, so he continues to remain in close touch with the most important and power business and economic trends of the day. He reports these to his readers long before the mainstream business press hears about them. View Jeff Yastine’s profile at LinkedIn.

And now Jeff Yastine has found a new, emerging sector of the high tech industry that is, not so many, dramatic or exciting. It gets no attention from mainstream journalists because it’s not a hot, interesting topic. In fact, it’s sort of “boring.” But it’s important, even vital. Without it, companies would run the risk of achieving their business goals, but then being shut down or fined by the government or even having executives thrown into jail.

President Trump promised to “drain the swamp” of business regulations. And he has eliminated some of them. But it’s impossible for anybody to totally deregulate business. That’s why it’s essential all companies operate with the law, especially highly regulated industries such as financial and healthcare companies. The price of failure is high, but the regulations continue to grow at what seems an exponential rate. Read this article at stockgumshoe.com to know more about Jeff Yastine

To keep every company in America from having to hire their own team of dedicated lawyers, some 80 companies have emerged as the leaders in the field of regulatory technology, or “regtech.” These companies specialize in keeping up with changes in the law, required regulations and paperwork the government requires other businesses to follow. Traditionally, businesses have done this in-house or, when necessary, hired business lawyers. But government regulation has grown so vast the cost of keeping up with it is prohibitive for many smaller companies. It is an onerous burden even for law firms. Therefore, it’s less expensive to outsource the cost of keeping up with the regulations to a firm that specializes in it. That firm can make a profit because they sell their services to multiple companies within the same market niche.

Jeff Yastine is always on the lookout for outstanding investment opportunities for the readers of his newsletter. He specializes in finding value stocks due to make shareholders wealthy by going up in price. As a financial journalist he covered a wide variety of business and financial topics, from how foreign investment has changed Cuba’s economy to the financial impact of Hurricane Katrina. Visit:https://banyanhill.com/expert/jeff-yastine/

 

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