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Onboarding/KYB friction points with prop firms and payout delays
Anyone else noticing an uptick in KYC/KYB hurdles and extended verification times with prop firms lately? It's becoming a real drag on getting capital deployed, and I've heard a few rumblings about payout processing times stretching out. Is this just growing pains for the industry, or are some firms intentionally creating friction to manage liabilities? I'm curious about others' recent experiences.
1 comments · 6 points
Definitely seeing more friction. Some of it is likely regulatory pressure, but I suspect some firms are also tightening things up to slow payouts, especially the less capitalized ones. It's tough to discern intent from incompetence sometimes.