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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The average man or woman has not the time or expertise to examine all
the ins and outs of financial documents related to investments.  We
have to depend on other specialists to do this just like we depend on
doctors and psychologists for physical and mental issues.  Doctors have
a rule to "do no harm".  It would seem that there ought to be
some kind of professional protection when dealing with ones life
savings as well but that is not the current case

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. Kenneth Riedel