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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Because of the lax supervision prior to the financial crisis of 2008
that contributed to the "Great Recession" you would think
there would be prudent and coherent supervision by the SEC going
forward. We cannot sustain another debacle in the future. There are
vast amounts of people entering the Social Security System and
retirement. You would think caution and wise decision making would be
essential to protect the future economy and how people's hard earned
savings and sacrifices. Their investments and savings make them less
dependent on government programs, which in turn helps all of us. Don't
return to the bad practices of a pre-2008 America!

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. Daniel Leuzzi