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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I is bad enough that bank interest on savings and retirement accounts
are still low and many of us have to go through investment firms to put
our money on the market to get better earnings. We don't need to be
taken advantage of through investment firms on top of low interest
earnings in the bank.

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. Randall Racine