Jul. 01, 2018
Jul 1, 2018 Securities and Exchange Commission To the and Exchange Commission, Close the loophole. It is not ethical for financial advisors or anyone to take advantage of anyone especially seniors who have worked hard, and are now on a limited income!!! Unfortunately, some seniors are desperate living on a limited income, and have to make financial decisions on eating well, housing, or spending money on medications. Therefore, they may trust and listen to a financial adviser, and because of fear that their money may run out will make a decision to invest. The only person who makes out is the financial advisers. 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, Cecilia Krippendorf