Michael Fitzpatrick: “This one-size-fits-all approach to regulation is just the type of barrier to economic growth that we need to be tearing…”

Criminal enterprises have relied on this method of illicit financing for years. However, many believe that this is an emerging technique now being used by terrorist groups to finance their violent and oppressive operations.

I care deeply about the retail investor and the low- and moderate-income investor.

This rulemaking from the Department of Labor makes their inexperience in this area crystal clear.

How is it the rating agencies get to pick and choose what debt they are going to rate and what debt they are not going to rate, especially when it affects small investors in the United States of America?