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President Trump to Change Great Recession Financial Reform
by Causes
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  • Elinor

    The so-called "fiduciary rule" is an important part of Dodd-Frank, and would require investment advisors and financial planners to act in the best interest of their clients, and not their own, when it comes to recommending stock trades and investments, among other things. Many financial professionals earn commissions on the money their clients invest, so the fiduciary rule is meant to keep them from advising a stock trade, for example, that would benefit the advisor’s interests over their client’s. So if you are truly a servant of the people, then why would you repeal this critical component of the LAW? Hint: you should leave it in place and implement it.


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