The section that states financial analysts cannot recommend switching from one product to another merely to generate commissions is very important for consumers.
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This is called churning. It’s how you empty an elderly persons bank account.
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It's sad that people will do that to anyone, but you're right. Elderly people can really be hurt by this.
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I worked for someone in the 70s who was manipulating trades and churning accounts. Mostly elderly. I reported him to FINRA anonymously. He got sanctioned. Reprehensible behavior.
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The sponsor of the bill almost seems to want the economy to melt.
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Follow the money there donors are pushing this. I just wish for us to get control get money out then go after these guys and get them out.
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We HAVE a disaster.. In Progress.
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It’s already a disaster!! What is congress doing about it. What about RUSSIA attacking our democracy!! What the hell kind of checks and balances do we have!! Laws need to change.
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Further evidence of the Trumpists “deconstructing” America. Stand up and speak out people!
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@SenKamalaHarris Thank you for being a voice of reason. As a veteran, public sector employee, and Texan...I salute you! Hope to be political active one day.#texas#democrat - 1 more reply
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We lost everything in the last disaster. Since then, we have dug out from bankruptcy, losing our house and gotten 10 years older. This is frightening!
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I am sorry you lost your home. I truly am. I believe it was really a depression because the usual definition of recession is one year.
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Unfortunately we're the minority and not the majority so it's going to be passed and we'll be left with another "2008 recesssion"
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Please convince your fellow Dems who appear to be for it.
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Please help to save elephants.
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You’re doing a great job Kamala- keep it up
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