May 31, 2018
Securities and Exchange Commission
To the and Exchange Commission,
Please enact a uniform rule for fiduciary responsibility. Require
financial professionals to put the client's interest ahead of their own
when making recommendations. Require upfront disclosure of fees,
commissions, and potential conflicts that could bias advice.
I'm counting on you to make a stronger rule that closes the loophole.
Americans who've worked hard to save for retirement deserve peace of
mind about their financial security.
Sincerely,
Mr. Douglas Smith