Why does the Media keep attacking the Canadian financial industry ? 

Embedded commissions is the only regulated and fair source of revenue to mutual funds to manage other peoples money. (prevents fraud and issues and allows all people to participate in services they need, without extra fees... investors save a lot of money from the level of services rendered for free which is in their benefit, not the select few.) Unfortunately, only companies or individuals that want to not allow the general public; i.e investors to directly invest into the market, and to cap what they are invested into have the objective of eliminating regulated commissions into investments. For what purpose ? to destroy the middle class of course. As what the United Kingdom looks like today, unemployment and majority live below the poverty level. The Rich and Poor, no middle class .. nothing left for the working family to own.   If Embedded fees end .. the Canadian middle class will parish, little access to savings