August 6, 2010
To much legislation. These layers upon layers of costs will be felt in deminished returns for me as an investor. Who was watching the SEC during the Madoff and other rip offs of the century? This is just another tax on the investor. How can we in small towns get good service when you squeeze the life's blood from independent advisors? You are forcing many to leave the industry so only BIG BROKERAGE SHOPS prevail. Enough is enough.