tag:blogger.com,1999:blog-25740524.post2190357677165287379..comments2024-03-11T13:16:19.098-04:00Comments on Ad Orientem: Wall Street Rolling Back Another Key Piece of Financial ReformUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-25740524.post-21397256168123671482012-09-23T11:06:49.307-04:002012-09-23T11:06:49.307-04:00Perhaps those poor rubes in the southern backwood ...Perhaps those poor rubes in the southern backwood should have studied latin and picked up concepts such as "caveat emptor". <br /><br />But maybe they did, but like so many given the public trust, enjoyed being wined and dined and had no personal downside in their stupid investments.<br /><br />Say this for the left - never, ever have they ever found a reason to hold even the smallest government or government employee responsible for anything that ever went wrong.Stephenhttps://www.blogger.com/profile/12833345391579579562noreply@blogger.comtag:blogger.com,1999:blog-25740524.post-87107853361855891642012-09-22T07:08:10.714-04:002012-09-22T07:08:10.714-04:00There's no reason to register with the SEC sin...There's no reason to register with the SEC since the MSRB regulates this particular area. Further, taxpayers aren't advisors' clients. The clients are corrupt government officials who are responsible to taxpayers. Rolling Stone hasn't considered the idea of holding government officials to a fiduciary standard.<br /><br />Redundant and contradictory regulation drives up the industry's costs and decreases competition by driving out weaker players and making entry difficult.Visibiliumhttps://www.blogger.com/profile/00069726201789314963noreply@blogger.com