July 25, 2018
I am in favor of this proposal to require notification to customers of potential compensation the financial adviser receives on a trade.
I personally use a certified financial planner which provides advise for a fixed fee that is known before we engage.
I also have seen abuses by "advisers" with my aging parent's accounts where the adviser was constantly promoting trades with high load fees/bonuses that helped the advisor. I had a second opinion on one year's worth of these trades and found they were unnecessarily high risk and actually lost money.
Please pass and continue to promote safeguards to protect vulnerable and unaware investors.
Thanks
Ken Meyer