- Aug 4, 2009
- 283,201
- 150,332
- 2,615
Coming from a President who made a fortune by exploiting his investors trust....this comes as no surprise
Trump to take steps rolling back financial regulations - CNNPolitics.com
A second action Friday will direct the Department of Labor to cease implementation of an Obama administration rule on retirement investment advisers, which is supposed to take effect in April.
That measure, called the "Fiduciary Rule," required retirement advisers to always act in their clients' best interests. But the Trump administration official said the rule was a "complete mess" with a litany of unintended consequences
Imagine the audacity of Obama expecting financial advisors to act in the interests of their clients instead of their own interests. Trump thinks that if clients are dumb enough to trust their advisors, they deserve to lose their retirement money
.
Trump to take steps rolling back financial regulations - CNNPolitics.com
A second action Friday will direct the Department of Labor to cease implementation of an Obama administration rule on retirement investment advisers, which is supposed to take effect in April.
That measure, called the "Fiduciary Rule," required retirement advisers to always act in their clients' best interests. But the Trump administration official said the rule was a "complete mess" with a litany of unintended consequences
Imagine the audacity of Obama expecting financial advisors to act in the interests of their clients instead of their own interests. Trump thinks that if clients are dumb enough to trust their advisors, they deserve to lose their retirement money
.
Last edited: