Jun. 21, 2018
Jun 21, 2018 Securities and Exchange Commission To the and Exchange Commission, To put it simply, there's no conscionable excuse for allowing financial advisers to put their interests ahead of their clients. Advisers must be held to the fiduciary standard of giving advice that's in the best interest of their client, and not themselves. This is especially important with regards to retirement savings. People who miss out on earnings on discretionary investments simply loose out on added earnings. People who miss out on retirement earnings can suffer a greater loss because it means they may have a sub-standard quality of living for the rest of their life. 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. Paul Glasser