Gambling with the future in the US

Author: | Published: 27 Mar 2018

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...


 

 

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