Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, We work hard to earn our income and we do with less so that we are able to put money away for retirement. Joe public is seeking a financial advisor because he/she does not have the time/ability to know investments, etc. There needs to safeguards/legislation put in place that prevents schemes and financial advisors from padding their income with my hard earned money. Loopholes in the current law need to be closed to prevent this injustice. Close this loophole and ensure a higher standard than the currently proposed rule. Hold anyone who gives financial advice genuinely accountable for helping everyday Americans choose the best investments for us, our families, and our future. We don't need or want a standard that just makes our brokers and bankers richer. 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, Mrs. Bonnie Avery