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money
05 May 2016

The Financial Industry’s Greatest Conflict-of-Interest: Lobbying Against Their Own Customers

With the Department of Labor (DOLs) long-delayed, new fiduciary standard is now becoming more accepted, the financial services industry still has not confronted its biggest conflict-of-interest: using client’s money to fund lobbying campaigns designed to victimize their own customers. Like animals that eat their young, the financial services industry lobbying

Chuck Epstein 0
The DEA's hidden agenda
03 May 2016

The DEA’s Use of Bad Science to Discredit Medical Cannabis

When science is used for political purposes it results in some very distorted and dangerous results that serve a specific point of view at the expense of the rigorous standards mandated by the scientific method. History has numerous examples of scientists who have twisted, concealed or fabricated scientific studies to

Chuck Epstein 0
Fred Koch, who did business with the Nazis and Stalin
28 Apr 2016

More Bad News for Wealth Managers: Neoliberalism is Destroying Your Client Base

Like the citizens of Garrison Keillor’s mythical city in Minnesota, Lake Wobegone, where 90% of the residents are in the top half of the class, 90% of today’s wealth managers continue of their quest to find the top 10% of the wealthiest Americans. It’s a tough search and by all

Chuck Epstein 0
No big party for younger workers
18 Apr 2016

Bad News for Wealth Managers: Top 5 Fastest Growing Jobs Pay Less Than $25,000

Every financial advisor dreams of a future when their expanding practice includes a large number of wealthy, retiring clients having portfolios north of $500,000. But it’s time for a reality check. That is not going to happen because more new  jobs don’t pay much and worse, even people with 401(k)s

Chuck Epstein 0
chuck_new_logo
12 Apr 2016

The Average Investor’s Guide to the New DOL Fiduciary Regulations

The U.S. Department of Labor (DOL) has done a yeoman’s job of tentatively passing new a new set of regulations that will benefit individual investors from the conflicts-of-interest that are too common in the financial advisor business. But in order to get the revolutionary new regulations passed, the DOL had

Chuck Epstein 0
Phyllis Borzi, U.S., DOL, Assistant Secretary
07 Apr 2016

Historic New DOL Disclosure Regulations Still Face Long Battle for Full Implementation

Yesterday’s historic announcement that millions of investors will finally be able to receive objective, unbiased information about their investment choices is a major step forward, but it still faces an uphill battle from one of the most powerful, reactionary lobbying forces in Washington, according to financial commentator Chuck Epstein. “The

Chuck Epstein 0
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