August 29, 2010
To Whom It May Concern:
As a consumer and investor I do not know the difference between a Broker, dealer or investment advisor. In an industry whereby compensation
Is primarily generated by commissions I always have questions whether the investment product recommended to me is truly something that is right for me
And is something I should be investing in or whether it is just an investment that will pay the Broker, dealer or investment advisor the most commission selling.
Tying the performance of the actual investment recommended to what the Broker, Dealer or investment advisor is ultimately paid in my opinion will go far
In cleaning up the behavior and bring accountability to a vocation that needs to be seriously regulated.
Thank You