Jun. 21, 2018
Jun 21, 2018 Securities and Exchange Commission To the and Exchange Commission, I'm counting on you to make a stronger rule that closes the loopholes. Americans who've worked hard to save for retirement deserve peace of mind about their financial security Lost a pension when the company was bought out. They gave us a small settlement amount approx. $1400.00. The new company hid an annuity from the employees. About 5 years ago New York state tracked down holders when the insurance company went bankrupt. Now get less than $100.00 a month. I have three other annuity policies, which the original company went bankrupt. two of the 3 have been in a class action lawsuit for over 20 years, no settlement.used to know people who worked for Reliance insurance. That company had the employees put all of their pension money in the company's stock. shortly after the company went bankrupt. some people had taken second mortgages to but stock. They lost their homes. I believe a few took their own lives. Because the people who were to protect us did nothing. I Sincerely, Mr. John Zullo