Donald was quoted in two article recently by InvestmentNews.com regarding FINRA (Financial Industry Regulatory Authority) wanting oversight on Independent Investment Advisors. You may remember that Don lobbied against this in congress with Spencer Bachus back in 2011.
Below are snippets from each article. To read each article in full, click the link below each snippet.
Finra hampered by rising compensation costs, stagnant revenue
Critics complain about CEO’s $2.6M pay package, wonder about the $1.6B investment fund
(snippet of Don’s quote on InvestmentNews.com)
Finra still struggles to meet rising costs with less revenue
Members grumble about executive compensation and management
(snippet of Don’s quote on InvestmentNews.com)