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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

When I pay a financial advisor for advice, I expect it will be advice
that is for MY benefit, not the advisor's wallet.  Obviously I have
trusted him/her or I wouldn't be shelling out my hard-earned money.  I
need to know that my trust is well placed.  I don't have money for
frivolous things and I'm counting on good financial counseling to see
me through my "golden" years.

I'm counting on you to make a stronger rule to close the loophole that
allows financial advisors to line their pockets at the expense of their
clients. Americans who've worked hard to save for retirement deserve
peace of mind about their financial security.

Sincerely,

Mrs. Susan Donaldson