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Letter to the Editor - Auditor's office crippling Montana's economy

Editor,

As commissioner of securities and insurance, the Montana state auditor helps supervise a regulatory system that is working hard to prevent Montana’s businesses from raising equity financing from the people. By shutting down business fundraising, the people are forced to get toxic loans from the Wall Street banking cartel. This is Montana’s No. 1 economic problem.

The Auditor’s office and the feds have made raising equity so complicated that only 31 companies statewide have applied for equity with the Auditor’s office. Companies must pay extortionate fees to lawyers and inv...

 

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