Subject: s7-04-23: WebForm Comments from Michael Weirich
From: Michael Weirich
Affiliation: Non Professional

Mar. 31, 2023

March 31, 2023

 Please ensure that this proposal is expedited. This proposal would have provided the necessary safeguards that likely would have prevented the loss of individual stock holdings in my account managed by a Custodian that offered an SBD plan. This plan  allowed for stock purchases. I did not have any protections as my plan was being administered by an advisory firm. The result was the Sub-Custodian liquidated my holdings and terminated my contract with no compensation while the Custodian refused to safeguard or transfer my holdings. I lost my entire portfolio as a result. I lost my life savings. This proposal would have saved my retirement.