It required financial advisors to look out for the best interests of their clients and not themselves. Now advisors can get back to screwing people like before.
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The fiduciary rule simply required financial advisors to put their clients' best interests ahead of the advisor's interests. It only limited access to bad financial advice. This is bad for regular people. Cheering this decision shows that you don't care about regular people.
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Putting the client's needs ahead of the advisor's is bad? You're sadistic and not long for public office.
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You are so very wrong to celebrate. Why is the GOP against every protection for consumers? I can't wait to vote you out of office in favor of someone who cares for people over corporations.
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Glenn, Let me help you. A fiduciary prudently takes care of money or other assets for the benefit of another person. Not for their own benifit. Thats the other person part.
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Glenn. As a consumer I know this is nothing to celebrate. This was a gift to the financial industry not to consumers
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The one where financial advisors must work in the best interest of their clients? Great just great
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You didn’t read this did you
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I can't wait for the day when I see headlines starting with: "Trump era legislation struck down". Your red days are numbered.
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Bad news for anyone not savvy enough to use a fiduciary for financial advice. Way to kick the average guy in the seeds
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