Jun. 21, 2018
Jun 21, 2018 Securities and Exchange Commission To the and Exchange Commission, Millions of Americans like me are counting on our IRAs, 401(k)s and other retirement accounts for a secure financial future and we've worked hard to build and grow our savings. My husband and I rely on the advise of our financial advisor to manage and invest our savings in the best way to grow our retirement savings. While we watch the stock market reports on TV and follow the financial stories on AARP newsletters, we really rely on our financial advisor for OUR accounts. We should be able to trust our financial advisors to put our interests first, but loopholes in the current law make it easy for advisors to take advantage of hard-working citizens and make money for themselves by charging hidden fees and making investments that will make THEM money, rather than US. Please close this loophole and ensure a higher standard than the currently proposed rule. Hold anyone who gives financial advice accountable for helping American citizens like me and my husband choose the best investments for us and our future. 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, Mrs. Suzanne Chase