Jun. 21, 2018
Jun 21, 2018 Securities and Exchange Commission To the and Exchange Commission, ***As a retiree I know firsthand how complicated it is for a financial nonprofessional to make good decisions for retirement saving and planning. I am requesting that the SEC create strict rules which require financial advisors to put our interests first and make it unlawful for them to take advantage of us by putting their interests ahead of ours. Please close the loopholes which permit hidden fees and allow advice giving benefiting the advisor over the customer. I know it is difficult to legislate good behavior, but also know that there are ways to create standands of ethical behavior and create a professional culture which follows those guidelines. Please help make it possible by proposing strict rules which protect those of us who need protecting. \ 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. David McCullough