Ripple XRP will CRUSH SEC FUD…… Larsen said. The SEC “is putting a round peg into a square hole.”Prosper back to making loans, still battles SEC Prosper Marketplace, an online company that arranges loans directly between borrowers and lenders, is lobbying hard for Congress to put a new consumer financial protection regulator in charge of its industry. after SEC than comes Wall street.Wall Street joins the peer-to-peer loan party. Wall Street is hogging the peer-to-peer lending market., the Prosper founder, who now runs an electronic currency provider called OpenCoin, looks on with some sadness. His original notion was to democratize lending by taking the profits away from the banks and giving them to consumers.
“This is not an Occupy Wall Street solution,” he says of the takeover of peer-to-peer by big money. If the regulators had permitted him to pursue his original dream, he says, “maybe it could have been.”
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