Los Angeles (Sept. 9, 2002) – More than half of financial services professionals believe that government efforts to protect investors following the September 11 attacks and the accounting scandals have had no effect, with droves of people moving money to bank accounts or fixed income investments.

More than 85 percent of the 1,000 Farmers Financial Solutions registered agents said their clients have reallocated investments out of the stock market over the past year. Nearly 62 percent of those polled said the government’s efforts to reassure investors has fallen on deaf ears.

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