I don't have time to elaborate but current efforts to unravel financial regulations - including the requirement that financial advisors act in the best interest of their clients - signal REGULATORY CAPTURE of the worst form:
Ben Protess. January 30, 2017. Republicans’ Paths to Unraveling the Dodd-Frank Act. The New York Times, https://www.nytimes.com/2017/01/30/business/dealbook/republicans-unravel-dodd-frank-act.html?_r=0Background reading here Chapter 3: https://books.google.com/books/about/Crisis_Communication_Liberal_Democracy_a.html?id=664fDAAAQBAJ
President Trump took aim at financial regulations and other federal rules on Monday, signing an executive order to trim back the federal regulatory thicket and promising to do “a big number” on Obama-era Wall Street restrictions...
Ask your librarian to make the book available at your library....
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