Subject: File No. 4-606
From: Martha D. Wilkerson, CFA
Affiliation: Retired

March 28, 2013

I strongly support the adoption of a fiduciary policy for all individuals providing advice to members of the public regarding investments. This policy must be specific as regards the responsibilities of any individual who provides such advise or recommendations. The policy must be enforceable with punishment, loss of license, etc. for any individual who commits a breach of policy.
I propose that this policy be similar to that imposed on holders of the CFA designation. To not create and implement such a policy places the unsuspecting public at risk for loss of wealth at a time when all individuals have a responsibility to provide for their own future and well-being.