Thomas Belesis Talks about Overregulation


According to Thomas Belesis, a Wall Street expert, from the time Barack Obama has assumed the title of the American President, a lot of new regulations have come into effect that are proving to be a great difficulty for emerging businesses. He also borrows from the reports issued by Heritage to support his opinion. He is of the opinion that uncertainty is definitely not good for hiring and investing and what this excessively regulated atmosphere creates is just uncertainty. As a CEO of John Thomas financial and a man with years of experience in the financial sector, his views cannot be easily disregarded.

Thomas Belesis attacks the government for issuing the Dodd Frank Wall Street Reform that goes on for about 2,300 pages and also attacks the Consumer Protection Act. He declares that these two have been issued without looking into the consequences of what such legislation could be. In other words, he feels that the government should first look into the depths of such legislations before passing them blindly. He compares the length of Dodd Frank regulation with that of Sarbanes Oxley Act and with that of Gramm Leach Bliley Act and declares that it is at least 10 times bigger than the two acts. While he agrees that regulation is quite necessary for improvements in sectors as big as housing, finance and healthcare, excessive regulation is not the only way to improve the economy of the United States.

Furthermore, Thomas Belesis condemns the administration for demonizing banks. He states that these banks are quite important for the development of credit and emerging of new businesses. He also talks in detail about how liberal democrats believe that a moratorium could lead the way to anarchy and result in chaotic situations similar to what happened during the financial crisis of the year 2008.

Its important to note that Thomas Belesis is frequently invited by News outlets to talk about rising trends in economic policies and macro economics. Broadcast media outlets like CNBC and FOX Business News often like to have him on their shows. He is also quite active in the matters of national as well as New York State politics. The Republican Party in the year 2011, appointed him as the Co Chairman of its New York Finance Committee. He is also known for the vital role he has played in the famous movie Wall Street: Money Never Sleeps.


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Thomas Belesis doubles up as the CEO and founder of John Thomas Financial. The firm was founded in 2007 and it is named after two of his grandfathers. Since the time it was formed to date, it has grown to become a major employer with 300 employees. It offers a variety of services and these include investment banking, retail brokerage, corporate advisory and wealth management. Because of the success he has recorded in such a short, he is often invited to news outlets to discuss economic policy and macroeconomic trends.

For instance, he has appeared in the Kudlow Report CNBC giving insights into equity markets and on others like Fox Business News. In addition to this, he also starred in the film Money Never Sleeps as a trader and his role in the film was more than it appears to the public. He helped and advised the director Oliver Stone to ensure that the movie captured the authentic view of what Wall Street is all about. He sits actively in the World Energy Forum executive board and supports some organizations such as Leukemia and Lymphoma Society, Gabrielle’s Angel Foundation for Cancer Research and some animal rights as well as rescue charities. It is because of his beliefs and passion for what he does that he stands out as one of the most revered people in the business world.

Thomas Belesis has received numerous awards for the role he has played in the community and in 2011, he was named as the businessman of the year, something that propelled him further into the limelight. This was by Queens County Republican Party and the Republican Committee in New York. In addition, in 2009 he also received an award from Rudolph Giuliani. The mayor cites him as an individual who has risen from humble beginnings to become one of the best success stories on Wall Street.

Beverage Driving Solicitors:


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