Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, The term "professional" indicates someone with a qualitative expertise; if that expertise is financial advice, they should be held to the highest possible standard when it comes to advising the elderly, since the elderly will not have the opportunity to recoop losses from bad advice. Just as a grocer has to made the charge for their goods readily available to his buyers, financial advisers should have to openly post all of their fees for their services. If a client is not specifically made aware of a fee to be charged before that charge is made, the client should not have to pay it. 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, Ms. Kathie Livesley