Jul. 26, 2018
Good morning Chairman Clayton,
I'm writing to you today to express my concern that the proposed SEC rule reflects the view that brokers and registered investment advisors are virtually the same in how they conduct business.
With all due respect, that is incorrect. In refining the proposed SEC rule, I request that your staff recognize the major distinctions between brokers and RIAs, and tailor regulations accordingly.
Cordially,
Tom Rogers
Thomas S. Rogers CFP®
Principal
Portland Financial Planning Group, LLC