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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Close the loophole so you don't give financial advisors permission to
rip off their clients. What's next? Making it ok for physicians to
prescribe medicine and procedures based on their profit margins? Is
this really the direction for a better America? I sure don't think 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. Marjorie Schmidt