The Trump administration has pretty much unpicked
anything and everything that was passed into law by former
President Barack Obama. The slow unpicking of the Dodd-Frank
Act is a perfect example. It seems that while agenda is
paramount, consumer protection may not be.
Regardless of the extent that any given legislation is
fulfilling its originally intended effects of protecting the
average investor or retail saver, the current government
appears intent on repealing no matter the actual cost.
The vote last week in the fifth circuit Court of Appeals in
New Orleans to vacate the Department of Labor's much maligned
fiduciary standard rule goes a significant way...