Trump to Halt Obama Fiduciary Rule, Order Review of Dodd-Frank

Trump to Halt Obama Fiduciary Rule, Order Review of Dodd-Frank

From bloomberg.com

President Donald Trump will halt an Obama administration regulation, hated by the financial industry, that requires retirement advisers to work in the best interests of their clients, while the new administration reviews the rule. The president also will order a review of Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said. Trump is scheduled to issue the directives at a signing ceremony around noon on Friday following a meeting of more than a dozen top corporate executives led by Blackstone Group LP Chief Executive Officer Steve Schwarzman. Trump’s directive stalls ... (full story)

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Feb 5, 2017 5:02pm

Quoting The Fool

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Because Obama socialismed everything with the muslim BLM's, doncha see, folks? Now, let me fix it.

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You ignorant piece of unadultaered shit............
shut the fuck up,and try and use you mamma'sbrain... cuntstick

ohakaba

Feb 3, 2017 3:16am

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Now most people around the world would probably think Donald is here for doom, but look at the facts in the details of his policies and opinions, and when studying them have the mindset of these big players in the financial market. His policies are still taking shap so for now all we should be doing is properly digesting them in our mind.
The Dodd-Frank Act to most big investors is one of those regulations that hinders them to optimize there operations, so with this view the removal would favour these dollar players note here the key summary word is 'confidence'.
"As a trader think like an investor not like the masses"