11/12/2019
https://congress.gov...
"We want vulnerable investors, those at the lower end of the investment scale, to get advice that is in their best interest."
"A broker adviser could simply give advice to purchase or recommend the purchase of whatever product gives the highest commission, as long as it is 'suitable.'"
"These are not mom-and-pop outfits. These are 5-, 600 employees."
"We cannot figure out how the hell the--excuse me--how to get into that bidding process and open it up to competition."