September 7, 2008
I think the SEC is trying to pull a restriction of trade because we are successful at moving huge amounts of retirement money out of brokerage accounts into indexed products. Which I might add is more than suitable, based on the risk this current market poses. The SEC has made a mess of it's own industry, it is driving it's advisors crazy and wouldn't understand "Fair play" if it hit them right in the face. Let he who is without crooks, frauds and unfair sales practices, throw the first stone.