June 19, 2018
Securities and Exchange Commission
To the and Exchange Commission,
The SEC proposal intended to help protect investors from hidden fees and other unfair risks does not go far enough. I urge you to strengthen the proposed rule to ensure that financial advisers place their clients' interests first by defining the standard of conduct for investment professionals as a "fiduciary standard"." Advisers should be required to provide clear, effective disclosure forms to their clients.
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. Coleman Daniel