July 29, 2010
Having been in the financial services industry for 26 years, I applaud the direction that the SEC has been charged with in cleaning up the responsibilities to the public. I have always conducted my business through-out my career in the " best interests of my clients". This philosphy has helped create the success that I enjoy to this day.
There are way too many self-dealing brokers and agents that care about nothing more than the commission/fee to be earned. There have been way too many misrepresentations and ommissions of fact.
As an Accredited Investment Fiduciary, I have committed to excellence in all my dealings with my clients. I am a Fiduciary in every sense of the word. If I can do it, there is no reason everyone in the industry can't do it.
It's time to make Financial Services respectable and trustworthy again. The Bernie Madoffs of the world need to be removed from practicing investment management/advice.
Now if we could only get the Federal Government to act in a fiduciary capacity.....life would be grand.
Thank you for this opportunity to participate.