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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My husband and I are retired, we have a very small nest egg that we
really can't afford to lose. We have already taken a huge hit twice
when the stock market bottomed out in the 80's and again a number of
years later. We have never recovered from that. I remember getting up
to 6% interest on stocks and bonds. The banks have made it impossible
to make even the smallest amount of profit on your savings and
investments now. Yet the government wants to do away with our Social
Security. We are Baby Boomers, and there are millions of us in this
same predicament!!! We can only take care of ourselves if you give us
the way's and means to do so!!!

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. Debrah Siarkowski