Jul. 31, 2018
We strongly disagree with the proposed best interest revision. The public does not understand the distinctions, you are considering. An investment advisor, has a fiduciary duty which should never be watered down. The confusion by the public, is rampant and encouraged by vested financial interests, who are not necessarily evil, but have a clear conflict of interest. I serve on a bank Board and hear the personnel’s ignorance on this issue. Dave Demming CFP™