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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Many of us rely upon the advice of others in making an investment
decision. While we have worked hard to save and then think we are
making a good decision to listen to a financial advisor, we should have
the reasonable expectation that they are ethical and are making a smart
recommendation to us.

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. Peter Hansen