Protect the consumer
Updated: Jun 30, 2011 09:27 AM
June 13, 2011Dear Sir,Members of pension funds need a new consumer protection agency created by financial reform legislation which will be able to regulate services offered by record keepers, investment consultants and officers of any credit union, (who can be prosecuted for any illegal transaction committed against the interest of the Credit Union.) The people we trust to make decisions on our behalf must subscribe to a single universally accepted set of standards to avoid a repeat of the illegal giving of $2,800,000 belonging to pension members.RAYMOND RUSSELLPembroke