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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

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.

Five years into my retirement in 2008 , i LOST half of my IRA due to a
over zealous " Financial Advisor " ( DIRT BAG) .I waited two
years and 1 fund rebounded the rest went down the tubes ! What I don't
understand why this dirt bag is still in this business , the funds he
had me in were real estate containing sub prime loans . REMEMBER IT was
the lobbying by Wall street that caused the repeal of thr Glass-Steigle
act and now you are trying to do the same to Dodd-Frank .
It must be something in the water in DC that affects the MEMORY !!

Sincerely,

Mr. Ed Donato