On: Abandoning the fiduciary rule was a mistake

[qmanjamz]

Corporations are owned by citizens, so it's not necessarily a mistake either way you slice it.

[2xlbuds → qmanjamz]

Which category is bigger? 1. Citizens who want to invest their money 2. Citizens who work in the financial services industry

It's #1, by several orders of magnitude. I would still argue that it's not a mistake, but that's because a mistake would mean they didn't intend to help category #2.

[crashedsnow → qmanjamz]

Only if they're incorporated in the citizen's country. Many (many) are not