October 3, 2004
I am and individual investors writing to voice my strong opposition to your new rule allowing stockbrokers to charge a fee and market themselves as financial planners.
The SEC has done a commendable job in the wake of Enron with SOX, let's not take a step back. Clients should always come first, and all reps should be required to disclose all sources of compensation and any conflicts of interest.
13 Washington St.
Babylon, NY 11702