Jul. 04, 2018
Jul 4, 2018 Securities and Exchange Commission To the and Exchange Commission, lt is not right that there are crooked financial advisers that love to take advantage of their clients hard earned retirement savings. We among others are counting on our hard earned retirement savings to help us have a secure retirement future. It is not right that some financial advisers are so crooked that they can and do get by with "theft". We were among some that an adviser got sticky fingers, and if it had not been for an Enforcement Attorney with the State Securities Board we among others would have lost everything this adviser was supposed to be watching out for. There were some that did lose everything that the adviser had invested their monies in which were unregistered securities. And of course the adviser just lost his license for a short time. And there is nothing fair or right about that. We sure don't need any standards to just make our brokers and bankers richer and richer. Please close the loophole and ensure a higher standard than the current proposed rule. Also hold those accountable to choose the best financial advise and investments for us so as not to make the bankers and brokers wealthier. Sincerely, Mr. Floyd Lawson