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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I personally went through a bad time in the stock market using  a
financial adviser,  it was partly due to the downturns of the stock
market and the other I felt like the adviser did not have my best
interest at heart (I could not prove it though). I did not have enough
time to recover by staying in the stock market so I decided to put my
money in an annuity.

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. Larry Engle