Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Kate Benton
Affiliation:

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I discovered this shady practice when I moved my IRA from one brokerage
to another. The new company told me that our original set up cost us a
LOT of fees and allowed the advisor to make profits on our retirement
savings!

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,

Mrs. Kate Benton