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Amazed and confused: Advisors struggle to make sense of Bachus' Wall Street Journal Op-Ed salvo

House panel chief dives back into the oversight fray, but confusion persists over timing, intentions

Author Kelly O'Mara August 7, 2012 at 3:22 AM
1 Comment
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Rep. Spencer Bachus fired off a WSJ Op-Ed pushing for his bill two weeks after he had tabled it -- leaving advisors gobsmacked.

Charles Goldman

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Brian Hamburger

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Ron Rhoades

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David Tittsworth

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Jason Lahita


Stephen Winks

Stephen Winks

August 7, 2012 — 8:10 PM

How does Bachus miss the point that brokers are neither accountable nor responsible for their recommendations but advisors are ? Isn’t it in the investing public’s best interest that brokers be held accountable and responsible for their recommendations?

There is misinformation that is easy to clarify being advanced by Bachus, but there seems to be a conscious choice to not understand or mislead

SCW.


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