Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, I'm tired of US Federal rules crafted to protect financial industry and its people. It's time that SEC focused on individuals and their meagre piece of the American pie. I can't believe that it's even under consideration to loosen rules that demand that financial advisors put investor interests first. From experience, I know that their motives are self serving. I've seen financial advisors push high fee products with hidden fees generating bigger commissions for themselves. I didn't work to earn my modest living to line their pockets, buy their vacation homes, pay for their excesses. I don't begrudge them their just desserts, but with MY MONEY, MY INTERESTS must come FIRST. 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. Hans Banitt