Jul. 09, 2018
Jul 9, 2018 Securities and Exchange Commission To the and Exchange Commission, One word - fiduciary. It is simple, clear, unambiguous, and legally enforceable, and needs to be in the a part of this new rule, you are proposing. Many years ago we were "burned", one might say taken in, by a financial advisor, and lost several thousands of dollars . . . until we realized what was going on. So many of our peers, over 65 (like myself), are being taken in by unscrupulous insurance agents, and the like. I know this because when I talk to them about investing. They "believe" that they are getting honest advice, and not many of them ask some basic questions . . . how are you getting paid and are you looking out for you or for me, when suggesting what investments to buy. Sincerely, John Andruszkiewicz