Daughter who has paranoid schizophrenia, and she was finally diagnosed with that when she was arnd 22. Weve gone thtough trial after trial, and j jt all kinds of tribulationonand whatnot. Then i started teaching, because i felt like there just werent enough people educated about Mental Health. I evolved into Teaching Mental Health first aid, which is a first aid what it says. Just like cpr and whatnot, this is for people who would like to know what to do if they see someone in a crisis, or someone having problems. Leon leslie, youre also a member of our community who has been affected by Mental Health challenges. Leslie mmhmm. Leon can you tell us a little bit about what brings you to us today . Leslie sure. I am a physical therapist, but over the past 10 years our son has been ill. He has now had a mental into a schizoeffective disorder, which is a combition of schizophreniand bipolar disorder. Over the course of the past 8 years, especially, hes been in and out of the hospital about
The bay bridge pretty typical. They cleared the overnight roadwork already westbound just satisfying slight delays in the cash lanes but if you have one of those fastrak passes youre all good into the city from the east bay. Heres a live look at the san mateo bridge problemfree in both direction now to a 14 minute commute. They should have cleared this overnight roadwork now. We have been talking about it the last halfhour in fremont between fremont boulevard and Alvarado Niles but it was scheduled to wrap up by 5 00 which as you pointed out was about a minute ago. We had it right to the second. A minute and 24 seconds ago. Exactly. Thank you, liz. New this morning, a moderate earthquake hitting near the californiaoregon border. It was a magnitude 4. 5 hitting just after midnight this morning. The epicenter was southeast of lakeview, oregon. There have been more than 20 quakes in the area in the magnitude 2 and 3 ranges in the past 24 hours, no reports of significant problems. A bay ar
Service, im sorry, fidelity, but 50,000 which is i believe relatively small balance all in concert twice and product under 50 basis points. Can i jump in wax i think the best interest contract is simple. Its just a thing make promise to clients youre putting their best interest first, develop policies to make sure your monitor your employees and be accountable if you did not do that. This 400 pages of proposed regulation are proposed regulation. The department did not comport think this is the point and this is what we are doing. They invited extensive on every piece of the regulation and the exemption in the best interest contract. It was remarkable to me when working on this to see a much they dont have in common. Everyone is trying to get people to save more for retirement. The decisions are complicated. Its on us to manage our Retirement Savings. The goal here is for people to come forward from all sides all perspectives until the department how do you make this more workable . How
Major talk of parents, to respect policemen when Police Stopped them. I think it is very necessary for us to talk about parents while we talk about police. [indiscernible] host willy bringing up what we heard from the last couple of viewers, that there is a societal role here as well. If you want to look at more at the Marshall Projects work, you can go to the marshallproject. Org. You can follow them on twitter. Simone weichselbaum is a staff writer for them. Thank you for talking to the viewers about your work. Appreciate your time this morning. Guest thanks for having me. Host that does it for todays washington journal. We are going to bring you now to the Labor Department. They have recently called for new Consumer Protections. Jeffrey science is a keynote speaker today Jeffrey Zients is a keynote speaker today. He will be talking about regulation of retirement Financial Advisors. Live coverage here on cspan. [captions Copyright National cable satellite corp. 2015] [captioning perf
One issue is even if there are no abuses the industry cannot handle having a best interest standard applied to these recommendations. Thats what the dol is doing. Its almost the standard that is applied to broker dealers under the suitability standard. The recommendation must be consistent and you look under the hood and it turns out these are some of the worst violations that you can find. In one case the court said this was egregious misconduct. These are cases if many if not most broker deals. The unsuitable recommendations are accompanied by other Violations Including failure to supervise, churning, misrepresentations or omissions and unauthorized trading. The suitability standard works. Lets not make believe that its actually serving clients best interest. Youve said the current rules support a race to the bottom. Why do you think they support a race to the bottom currently . I think hearing the panelist discuss all the legalese involved here its a well documented fact that its ve