Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Nancy O'Brien

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

In 2008 I switched my rolled over 401K from Prime America to a MetLife
program.Prime America drug their feet on my withdrawal costing me
$60,000 because of the timing during the 2008 depression. There are a
lot more loopholes that need to regulate timely transactions whether it
is a rollover from a 401 K to a different investment package because of
the money first being part of a 401K. No one told me Prime America
would delay the execution of my instructions. Close all the loopholes
involving financial gain for the advisor and loss that is passed back
to the investor because a sell order was sat on, either by the advisor
or the company

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.


Ms. Nancy O'Brien