Professor David Yermack is interviewed about blockchain's impact on the securities industry
— November 1, 2016
Excerpt from Financial Advisor -- "'A lot of financial advisors make their money through relationships with asset management companies. That may be much more difficult to do in the future. The technology will raise questions whether investors need to have investment companies involved at all in executing and settling their trades,' said New York University Stern School of Business Finance Department Chair David Yermack, who gave what may have been the first major presentation to the SEC on blockchain."