All we can say is good luck and God speed. With the beltway blame game in full swing, the Financial Services Institute is headed to Washington to engage Congressional and regulatory leaders on the financial crisis. As with anything in Washington, the agenda will be heavy on educating politicians, including:
- Helping them understand that independent financial advisors and broker/dealers did not participate in the ineffective risk management that has lead to this crisis;
- Working with them to ensure that any short-term regulatory responses do not result in negative unintended consequences for "Main Street" clients and advisors; and
- Participating in the debate on long-term restructuring of financial services regulation.
For regular updates on their progress, visit www.financialservices.org.
