Jun. 24, 2018
Jun 24, 2018 Securities and Exchange Commission To the and Exchange Commission, I believe in the Golden Rule, 'Do unto other's as you would have them do unto to you'. So if it is legal for Financial Adviser's to lie to their customers how would they feel if they were the one's being lied to. I don't understand why other business' are held to a higher standard such as "Truth in Lending" practices and yet when someone is seeking advise on how best to fund their retirement, Financial Advisers are not held to the same standard. It makes it look as though the Politicians are getting kick-backs, oh yeah they call it contributions, or they would have already addressed this issue for the sake of themselves and their own families. I would also wonder why SEC would allow this blatent rule to exist. 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. Loretta Calderon