Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, My wife is a CPA and works with dozens of families who have been victimized by unethical financial advisors who are receiving kickbacks for promoting certain products, hiding fees, putting clients in investment types that make no sense for their age of health condition or who are just churning stocks to earn commissions for themselves. the laws and regulations governing investment advisors needs to change to protect our citizens. Close this loophole and ensure a higher standard than the currently proposed rule. Hold anyone who gives financial advice genuinely accountable for helping everyday Americans choose the best investments for us, our families, and our future. We don't need or want a standard that just makes our brokers and bankers richer. 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. Michael Henderson