AI HR Solutions: Top Networking LinkedIn Groups for LinkedIn Hiring Excellence in 2026

FINRA is the largest independent regulator for all securities firms doing business in the United States. We oversee nearly 4,560 brokerage firms, 163,465 branch offices and 630,820 registered securities representatives. Our chief role is to protect investors by maintaining the fairness of the U.S. capital markets.

Equity Finance Group for Banks/Banking, Brokerage firms, Stocks Traders Accounts/Accounting Securities Hedge Funds Private Equity Venture Capitalists Commodity Taxation Audit Firm Investment professionals from USA (America), Asia (China, India etc), Africa, Europe, Australia, etc.

EBITDA based acquisitions = fudged forecasts, unrealistic expectations and restated financials "Previous to the explosion in leveraged buy-out transactions (“LBOs”)in the eighties, EBITDA was a financial measurement rarely used either to measure debt service burden capacity or value. With the onset of the great bull marketing bonds and increased demand for higher yielding (but necessarily lower quality fixed income securities, the use of EBITDA became increasingly more common. The principal promoters of EBITDA were the buyout firms and the Wall Street brokerage houses which both advised on the transactions as well as sold the high yield securities that supported the promising buy-out economics. Their advocacy simply was to inflate the debt service capacity of acquired firms and then its future valuation using a measure only speciously tied to actual cash flow. The measurement itself offers very limited insight into a given firm’s real costs to operate and as such deserves much scrutiny as a credible financial measurement." Michael P. Durante The End of EBITDA? - What's next?