As a member of the National Academy of Elder Law Attorneys (NAELA), we were alerted to a new regulatory law being proposed by the Obama Administration. It bears directly on your investments, which are determined by financial advisors for many of us. As an attorney, I must place the interest of my client first. I know ever Bar Association in which I have been affiliated requires this policy, ethically and legally. I could never place the interest of a law firm or company in which I'm affiliated before the client as an attorney.