August 3, 2010
I do not believe that implenting a fiduciary standard of care will afford consumers greater protection and will ultimately be an added to the consumer and lead them to less options. Consumers need less regulation so that their accumulated assets can grow unobstructed. The consumer will need all the financial options they can build because things like Social Security are unsustainable.
John J. Gallagher, III
Past-President NAIFA-Tri County 2002-2004