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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

People like myself go to financial advisors to get advice tailored to
my needs. We do not go to financial advisors to receive a sales pitch
cloaked in disclaimers to protect a salesman from being sued.
Retirement savings is one of the most important financial decisions
anyone can make along with buying a house and health care. Financial
advisors must act only in their client's best interests. It is
unconscionable that today they do not.

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.

Thomas Denzler

Sincerely,

Mr. Thomas Denzler