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President Trump to Change Great Recession Financial Reform
by Countable
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  • Jason
    02/04/2017
    ···

    Please do not support Trump's dangerous financial deregulation efforts. Regarding the fiduciary rule, many financial advisors and their organizations have shown in the past that unless they are compelled to, they do not put clients' interests first. The individual investor needs to be protected. All other regulations that ultimately protect the run-of-the-mill investor should also be preserved. The argument that these protections are bad because they are costly for financial institutions is absurd--many of these firms profit wildly on other people's money in the first place. They should be willing to shoulder some cost in the name of protecting the people whose financial security they depend on. Resistance to doing this is just one more indication why the protections are necessary in the first place. Thank you for your consideration of this matter.

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