Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Walter Wade III
Affiliation:

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It's just wrong, financial advisers have now become creatures of prey.
If you bought something at a store and had a problem, you have easier
and better access to redress.  The firm's which knowingly rook their
clients for their own benefit should be made to reimburse double, and
then double again for the lost investing opportunities while the
client's money was being used to the firm and advisor's benefit.

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. Walter Wade III