Preliminary Solicitation of Public Comments: Fiduciary Conduct Standard for Broker-Dealers, Agents, Investment Advisers, and Investment Adviser Representatives

June 17, 2019 – Roy Ballentine

Subject: Fiduciary Rule comment
From: Roy Ballentine

As the Chief Compliance Officer of an SEC Registered Investment Adviser, I strongly support Massachusetts' initiative.  The SEC Regulation Best Interest makes matters worse, not better.  Massachusetts has an opportunity to demonstrate leadership where the SEC has failed to do so.

Roy C. Ballentine, ChFC, CLU, CFP®
Executive Chairman
Ballentine Partners, LLC