• Wolf Barone

    What Law gives the DOL the right to classify anyone as a Fiduciary and what gives the DOL the right to change a Law without it being Voted on by Congress and signed by the President? The Broker Dealer Exemption is part of a Law that was passed by Congress, rules usually clarify Laws they do not change the Law. It is time the Government and the Judiciary get on the same page and stop Violating the Constitution. If this was that important to the DOL they should have had the President introduce the bill through proper channels. Right now the Costs for doing Business as a direct result of the Fiduciary Rule are causing irreparable harm to small Investors and will continue to do so, just because the DOL and the Obama Administration believed there will be no increased costs to doing business does not make it so.