March 17, 2004
I never felt a sense of trust with any broker.
I dont trust brokers and may change my mind if the SEC would require all brokers to disclose all information about costs and potential conflicts of interests to investors who purchase mutual fund shares, UIT interests, 529 plan shares, and certain other investments.
I would feel more confortable if the SEC would change the rules where brokers would have to disclose in detail specific information about the fees and expenses I would pay for a particular product. I would also expect brokers
to tell me how much they and their firms stand to benefit from my purchase of that product.
Dominic Cantello Jr