If you believe that compliance is already challenging enough – then you will want to oppose HR 4624, aka the Bachus bill.
HR 4624 would outsource oversight of IAs to a self-regulatory organization (SRO) which would likely be established by FINRA.
To oppose this, please write or call your Representative. Go to http://capwiz.com/cfp/home/ to get more information and to find the contact information for your Representative.
I urge you to not only contact them yourself, but to ask your clients, friends and family to contact their Representative. Click on “Take Action” in the middle of the page. This will take you to an editable letter you can email to your Representative.