TRUMP WANTS TO MAKE IT EASIER TO LAUNDER MONEY!

https://www.bloomberg.com/politics/articles/2017-02-03/trump-to-halt-obama-fiduciary-rule-order-review-of-dodd-frank

"Taken together, the actions are designed to lay down the Trump administration's approach to financial markets, with an emphasis on removing regulatory burdens and opening up investor options, said the White House official, who briefed reporters on condition of anonymity."


Comments


[17 Points] None:

now if we could just get him to legalize pot...


[5 Points] GrandWizardsLair:

We're glad our meeting with the Donald and his boss Vladimir went well. (The Grand Wizard hasn't snorted that much coke off Russian strippers since the Wall fell. Love ya, Natasha sweetie!) This wave of financial deregulation should do wonders for our car wash investments.


[3 Points] 2C-The-7uture:

How does this make it easier to launder money? The fiduciary rule prevents investment advisors from intentionally giving bad advice for personal gains.


[2 Points] None:

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[1 Points] SarBJ:

How does removing the fiduciary rule make money laundering easier ???????