Jun. 21, 2018
Jun 21, 2018 Securities and Exchange Commission To the and Exchange Commission, I find it hard to believe that the SEC would allow the continuation of a practice which places the greed of unscrupulous financial advisers above those of the average hard working American who is just trying to save enough for a decent retirement. To allow the desires and unknown goals of the adviser to prevail over the investor is unconscionable. Please consider closing this loophole which costs the American investor over 1.7 billion dollars annually. Wall Street is scary enough but to allow the financial adviser the opportunity to 'steal' from the investor is downright wrong. 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. Katherine Wolfe