June 16, 2018
Securities and Exchange Commission
To the and Exchange Commission,
There are too many examples of financial advisors who take advantage of their clients to allow this to continue. Many people are advised to make questionable investment choices that enrich the broker and hurt the long term financial success of the client. This financial fraud is rampant and needs to be detected and prosecuted aggressively.
I'm counting on you to make a stronger rule that closes the loophole.
Americans who've worked hard to save for retirement deserve peace of mind about their financial security.
Sincerely,
Mr. Carl Gimbrone