One of the policy priorities for this administration is *decreasing* corporate transparency in the name of efficiency. Transparency rules are considered expensive, burdensome, and unnecessary. But in a world where we even have to think about requiring people (financial advisors) to act in their clients' best interest--because by default we can't trust them to do so on their own--transparency rules are almost the only tool we have to protect us from ultra-powerful corporations. Anything that decreases transparency should be viewed with suspicion. Think about who benefits. It's *never* the everyday people who win when there's less oversight or transparency.