Outgoing director of the US Office of Government Ethics, Walter Schaub, discusses the blatant disregard of long-accepted ethics norms given by President Donald Trump and his appointees, and the need for more "teeth" in the ethics program, in today's New York Times editorial page:
MOHAMED A. EL-ERIAN: JAMIE DIMON IS RIGHT TO RAISE THE ALARM
Meet the Department of Labor's new Fiduciary Rule. Although it goes live today, don't get too used to it. The DOL isn't really enforcing it yet and it will likely gut it before it begins doing so. Caveat emptor remains the name of the game for retail investors.