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. Sincerely, Ms. Nancy O'Brien