.@RepWalberg Sounds more like you're setting up the next crash so we can never retire. Who exactly in MI-07 do you Rep? It sure isn't us.
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Moving $17 billion out of the pockets of investors into the pockets of banks. Sounds like the swamp is coming to eat us.
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Don't frame this as an attempt to care about helping people living paycheck to paycheck save their money. No one believes that.
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Fin-reps must put client needs first not own(prizes for prodcts) We expt fin-reps AND you to be fiduciary. No vote= corruption
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Necessary step is debatable if your $$ is eaten up by high fees. A lot of broker dealers are continuing w/ DOL changes anyway.
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.....NO DEVOS....
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Looks like it's a good move!
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