Yup. Nobody needs advice from advisors negatively impacted by this ruling. It’s a common sense regulation, telling people the best financial move is buying their junk financial implements is unethical and now illegal.
This CRA would make it so a pay day lender could tell their marks the best financial move is taking out their terrible loans.
Right, I expect you could just ignore this rule if you’re not posing as an advisor. A salesman can continue lying and misrepresenting
…… and I really hope they gate it upon the title “advisor”. No one knows what a fiduciary is. It’s simple: calling yourself an advisor requires a fiduciary responsibility
Yup. Nobody needs advice from advisors negatively impacted by this ruling. It’s a common sense regulation, telling people the best financial move is buying their junk financial implements is unethical and now illegal.
This CRA would make it so a pay day lender could tell their marks the best financial move is taking out their terrible loans.
Are pay day loan sharks really fiduciaries though?
Right, I expect you could just ignore this rule if you’re not posing as an advisor. A salesman can continue lying and misrepresenting
…… and I really hope they gate it upon the title “advisor”. No one knows what a fiduciary is. It’s simple: calling yourself an advisor requires a fiduciary responsibility