By Andrew P. Napolitano
The president's men trash the Constitution to pursue antagonists
Independent voices from the TWT Communities
Taming the Dodd-Frank Act: It's a daunting job, but someone equipped with a whip and a chair may manage to do it. Federal regulations emerging from the new law are occupying many pages - already twice as many as health care reform legislation - and officials are not even half finished with their task.
The House Financial Services subcommittee on capital markets is holding a hearing Tuesday on implementation of two important investor protection provisions in Dodd-Frank. While the hearing will primarily focus on increasing oversight of retail investment advisers and a uniform fiduciary standard, there is another alarming proposed regulation that will not only greatly affect all financial advisers but, more importantly, millions of average Americans trying to save for the future.