Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, The Trump Administration decided to repeal the fiduciary rules initiated by Obama that required financial advice and sales be for the benefit of the customer as compared to the snake oil sales person with their questionable products. The solution is very simple, switch back to the previous rules and require financial advisors to be required to have fiduciary responsibility Make fiduciary responsibility a legal requirement and severly prosecute those who rip off the elderly. Sincerely, Mr. james sabat