PJT CEO on relationship between retail investors and private credit

When you deal with retail investors, the level of protection needs to be amplified. Now, in an environment where regulation writ large is viewed as an impediment to growth, that sometimes loses out in that, you know, pushpull less regulation protecting retail investor. My sense is that that's really going to come to the four if and only if there are real painful losses that retail investors experience and then there'll be a review of regulation.But inevitably, I've been around so long, I know that the pendu ...