FINRA and the U.S. economy

Please visit RIABiz and check out the new series by Ron Rhoades, the first part of which is titled Why Keeping FINRA from ruling RIAs is critical to these firms, the investor -- and even the U.S. economy. Rhoades includes plenty of links and references to previous articles he has written on the subject. Here is a sample quote from the article:

FINRA’s long-standing protection of its members’ excessive rent-taking has led to a crisis in American capitalism, negative implications for U.S. economic growth, and a dismal personal financial outcome in retirement for tens of millions of Americans.