June 16, 2018
Securities and Exchange Commission
To the and Exchange Commission,
ALERT ALERT
DON'T LISTEN TO AARP ON THIS TOPIC
I strongly disagree with everything AARP is having their members blindly say through their pretend grassroots action. They do not know what they are talking about on this issue and is mindlessly following the lead of progressive and liberal politicals like Liz Warren.
PLEASE LEAVE THE FINANCIAL ADVISE INDUSTRY ALONE!
There is no problem that needs fixing.
The DOL Fiduciary Rule championed by AARP and Phyllis Borzie would have cost the industry billions in compliance costs with little to no improvement in investor outcome. It was correct to be killed. Please don't make the same mistake which will ultimately cost the investors money.
Thank you,
Sincerely,
Mr. Kris Persinger