July 30, 2010
This is in regards to further regulation on Broker/Dealers and registered representatives. BD's and RR's are already regulated enough and the SEC needs to listen to NAIFA to understand how new fiduciary regulation will make it more difficult to service consumers, make disclosure to consumers more overwelming than it already is and finally make it more expensive for consumers to get good service. Please wake up and listen to NAIFA, it will be the best thing that the SEC could ever do. Thank you