June 16, 2018
Securities and Exchange Commission
To the and Exchange Commission,
A strong message needs to be sent to unscrupulous investment companies and financial advisors, that hidden fees and unethical advisors will NOT be tolerated and make the penalties hurt, not just a slap on the wrist. Fines on companies and their leaders should be heavy and unethical advisors should loose their jobs and all of their assets be taken away a given back to the investors they took advantage of and of course some hefty jail time.
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,
Mrs. Nancy Frankovich