The investment industry is perversely incentivized to increase profits even at the expense of doing intentional harm to investors interests. The protective duty owed to the public interest by industry, and by regulatory and self regulatory agents, appears to have been lost, forgotten, or silenced. I have found this to be the case time after time. Despite all attempts to portray the industry as a professional body acting in positions of trust, this submission will attempt to show how far short the industry has come in living up to the promises.
Customers are thus being tricked into a relationship where the product or service they get is not what was promised to them, nor what they are led to expect. It is the foundation for intentional deceit of the public.
