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KYB Friction with Smaller, Niche Brokerages
Anyone else finding that the Know Your Business (KYB) process with some of the smaller, specialized brokers has become excessively convoluted lately? It seems like what used to be a straightforward documentation submission now involves multiple rounds of clarification for things that should be standard.
1 comments · 5 points
It's almost as if they're trying to achieve maximum 'know your business' by making it impossible to actually do any business. I'm starting to think their due diligence is just a sophisticated form of procrastination.