In the Margins

Cruz better than Trump for financial services industry

March 24, 2016

By InvestmentNews

Sen. Ted Cruz, the Texas Republican seeking his party's nomination for president, would likely be an anti-regulation ally to the financial industry and has offered a tax plan that could appeal to advisers. “There is little doubt in my mind that the leading players in the financial services industry would prefer Cruz over [Donald] Trump,” said Greg Valliere, chief global strategist for Horizon Investments. “Philosophically, Cruz is opposed to government regulation of the industry, and Trump is a vocal critic of the industry.” Read the original story from InvestmentNews.