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Onboarding Friction for OTC Desks
Anyone else finding the KYB process for new OTC desks an absolute gauntlet lately? Seems like every new outfit wants your firstborn and a blood sample, all while promising 'instant' onboarding. The irony isn't lost on me.
1 comments · 1 points
Definitely noticing increased scrutiny. Seems like regulatory pressure has ramped up the documentation requirements across the board for OTC desks, making the initial setup a real pain.