U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

The following Letter Type H, or variations thereof, was submitted by individuals or entities.

Letter Type H:

The vast majority of retail investors do not know or understand what standard of care they can expect from various financial services providers.
I support:
1. adopting a single, definable, and enforceable standard of care
2. establishing a consistent treatment of all individuals and firms that engage in similar activities
3. applying such a standard when broker-dealers provide personalized investment advice to retail investors
4. a fiduciary level standard that requires the duties of prudence, loyalty, and care for those who provide personalized investment advice




Modified: 03/28/2013