Jun. 23, 2018
Jun 23, 2018 Securities and Exchange Commission To the and Exchange Commission, I have worked very hard to have retirement savings accounts for a secure future. Not knowing myself the best way to invest my hard-earned money I have financial advisers to guide me. They should not be allowed to have hidden fees and bad advice to line their pockets with my hard-earned savings. PLEASE CLOSE THIS LOOPHOLE AND ENSURE A HIGHER STANDARD THAN THE CURRENTLY PROPOSED RULE. HOLD EVERYONE WHO GIVES FINANCIAL ADVICE GENUINELY ACCOUNTABLE FOR HELPING US CHOOSE THE BEST INVESTMENTS FOR US. WE DON'T NEED OR WANT A STANDARD THAT 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, Ms. Sharon A Engel