Lucas,
join CREDO and Daily Kos in telling Senate Democrats to stop Wall Street
retirement scams.
Wall Street scams Americans out of up to $17 billion of their retirement savings every year. Broker-dealers have been caught giving workers bad advice in order to win a commission, or even to score kickbacks for hawking certain products. The people who trust them lose their life savings, their economic security, and their peace of mind.
President Obama has teamed up with Senator Elizabeth Warren and the Department of Labor on a plan to demand all financial advisors, including broker-dealers, work in their clients’ interests. But now, Republicans are trying to block and delay protections for retirees–and we need to make sure no Senate Democrats join their crusade to defend Wall Street scam artists.
If Senate Democrats buy Wall Street arguments that it is more important to protect brokers than it is to protect retirees, it could cost Americans billions. We can’t let that happen.
Click here to sign the petition from CREDO and Daily Kos: Senate Democrats, stop Wall Street retirement scams.
Keep fighting,
Monique Teal, Daily Kos