Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, Why on earth should any investment adviser NOT be required to put the interests of the people whose money they're investing first? Trust me, the advisers will still make plenty of money without misleading or abusing the trust of their clients. Having taught business ethics for many years, I don't see why a fiduciary clause -- with enforceable rules -- would not be an obvious necessity in a just society. 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, Dr. Kenneth Beals