Power of Story Send a Tweet        
- Advertisement -
Best Web OpEds

Sen. Elizabeth Warren Requests Federal Probe Of Financial Firms Over Varying Statements About Proposed Regulation

Quicklink Submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink

Related Topic(s): ; ; ; , Add Tags  

Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 4/1/16

Become a Fan
  (45 fans)
Elizabeth Warren
Elizabeth Warren
(Image by mdfriendofhillary)
  Permission   Details   DMCA

U.S. Sen. Elizabeth Warren on Thursday requested a formal Securities and Exchange Commission investigation into four financial firms, asking the agency to evaluate whether they violated securities laws in an effort to thwart a federal initiative aimed at protecting investors. At issue is the Obama administration’s proposed rule that would require financial firms to put customers' interests ahead of their own when advising them on investment decisions. The White House says the rule is necessary because, it argues, conflicts of interests in investment advice cost consumers $17 billion a year in lost earnings. In recent months, groups tied to the financial industry have mounted a campaign to stop the proposed rule, and legislation has been introduced in Congress to kill it.
Read the rest of the story HERE:

At www.ibtimes.com

 

- Advertisement -

Valuable 1  
View Ratings | Rate It

opednews.com

Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -