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Not sure of what industry you are talking about. The banking and finance industry shot itself in the foot and more. The upside for the advice profession is that the Royal Commission found so much muck in banks, AMP etc that it ran out of time to dig deeper into the financial advice sector. Of course the people who were dudded by the banks had a lot of cause to hate and cant be blamed for taking such a stance. It can't be called a persecution as it does not appear that any of the senior banking executives were persecuted out of their jobs.