she is only interested in killing prosperity.
This appears to me to be setting precedence that ultimately could lead to rules harmful to conservative talk radio.
IOW they are establishing basis, as well trial balloon they can then draw upon to lead towards that goal. So much of talk radio is in fact advisory.
The intent is to hold advisers culpable for changes in the market. If an advisor tells you to buy a stock and it later goes bust the client or the government can come in fine the advisor for giving bad advise. The whole point is to again protect people from themselves after all we are all too stupid to make our own decisions. The eventual result will be that middle class investor will be unable to find anyone willing to handle their investments, so they will be forced to turn to the government for advice.
We don't want to outlaw speech, we just want to license it.
Now that we are talking about the 1st Amendment, I wonder if giving the Swedes control of the Web’s internet address es is really a good idea.
I’ve always only used fee based advisors.
IF someone isn’t charging you a fee directly then they darn well are making their money somewhere, and you can bet it’s on the investments they put you into.
Plenty of inaccurate hyperbole on both sides of this. It’s not going to kill any financial advisor to have to remind their client that the advisor may have a financial interest in what they put the client into. OTOH a couple of friends are financial advisors and they consider this to be a real PITA; nothing insurmountable but a pain...
