Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, Sitting in a position of authority can grow conducive to self deception. Just having power without tasting the consequences in a deep, personal or instantaneous way may erase the knowledge that real people are experiencing life changing effects that could be disastrous. That is why the SEC needs to consider what the most vulnerable of American citizens are going to deal with in their real lives, when so-called financial "advisers" take easy advantage of them, manipulating their accounts, just a little, buying and selling securities just to get another slice of a commission, nothing too serious, of course, just enough to cover an adviser's golf club membership, say. These situations may be very hard for most Americans, especially trusting, older citizens, to ever notice...and if they do, it will be too late. The SEC is in a position to protect ordinary people from this abuse. And, it is on the members of the SEC if they don't. 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, Mr. Allen Wheeland