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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As one who has worked and saved for retirement, it's criminal to allow
money managers to NOT protect investors.  Money managers must have
Fiduciary responsibility towards it's investors and NOT themselves!

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.

John Scheiter

Sincerely,

Mr. John Scheiter