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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Everyone needs to be protected from unscrupulous financial advisors.
There is no reason to allow this illegal activity but without
definitive regulations with real oversight monitoring it will happen.
At some point people will hold the government agencies accountable so
now it the time to step up and show you are protecting American
citizens.

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. Ralph Castellucci