January 11, 2018
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13:08Now PlayingHelp us cover the political revolution
"Hundreds of thousands of comments, purportedly made by Americans, have come in over the electronic transom to at least five different federal agencies calling for an end to Obama-era consumer protections and other regulations that impede profits, a series of investigative reports by the Wall Street Journal found. Except, the people who supposedly sent these comments never did.
The latest example concerns the so-called "Fiduciary Rule," which originated in the Labor Department and was to talk effect in July 2019, to try to prevent conflicts of investment from investment advisers targeting retirees.
“Consider the experience of Robert Schubert, a Devon, Pa., salesperson,” the Journal’s report said. “A comment posted in his name on the Labor Department website opposed the rule, saying: ‘I do not need, do not want and object to any federal interference in my retirement planning.’ In an interview, Mr. Schubert said the comment was a fraud. He didn’t post it and doesn’t agree with it. ‘I am disgusted that people can post comments using my name,’ Mr. Schubert said.”
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