November 1, 2010
I STRONGLY oppose allowing dealers to set their own commissions. The only thing that will be accomplished by this is that smaller net worth clients will no longer receive the care, advice, and attention they deserve and need. Only high net worth clients will be able to afford the fees and therefore will be the only ones being helped. Lower class and lower net worth clients will be doing everything on their own and their assets will suffer because of their poor decisions and lack of help.