Ethical standards for financial advisers | Letter

Rep. Dave Reichert's vote for a measure (HJRes88) to kill the Obama administration's setting of ethical standards for financial advisers creates a completive advantage for those advisers who do not work for the interests of their clients.

Rep. Dave Reichert’s vote for a measure (HJRes88) to kill the Obama administration’s setting of ethical standards for financial advisers creates a completive advantage for those advisers who do not work for the interests of their clients.

What possible motivation can they have for that?

Carl Schwartz

Sammamish