Advocacy organizations engage in lawmaker 'education'
It's a good thing, of course, that we haven't had a major client ripoff recently of the magnitude of the Ponzi schemes perpetrated by Bernard Madoff or R. Allen Stanford. But it usually takes a crisis to focus the attention of lawmakers.
This situation creates a challenge for adviser advocates on Capitol Hill. What do you do when no one is paying attention?
“When there isn't an immediate crisis or scandal, it remains important for organizations like ours to keep the issues of investor protection front-and-center before members of Congress and to continue to seek reforms in these areas,” said Marilyn Mohrman-Gillis, managing director of public policy and communications at the Certified Financial Planner Board of Standards Inc. Read more >
Mark Schoeff, Jr.
March 1, 2013