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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The ball is now in your court.  It is about time that someone looks at
the way financial advisers conduct themselves.  It is a well-known fact
that if you receive bad treatment at a store, you will no longer shop
at that store.  However one does not know if the next adviser is good
or bad.  The loophole that allows an adviser to line their pockets with
our retirement savings is beyond disgusting.

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. Ethel Dumas