Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: II Frank Evelhoch
Affiliation:

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I think it's ridiculous that a regulatory body such as the SEC even
needs to think about whether or not it makes sense to insure that
financial advisers are giving their clients the best advice for where
to invest their retirement money. Allowing financial advisers to
suggest investments that serve more to line their own pockets with
money from ridiculous fees or from other shady practices is insane. Who
can't understand that having people make out the best they can with
their investments cuts down on the amount of government taxpayer money
needed to help them in their retirement.

You know the right thing to do so just do it. Make a stronger rule that
closes the loophole allowing financial advisers to look out more for
themselves than their clients. Americans who've worked hard to save for
retirement deserve peace of mind about their financial security.

Sincerely,

Mr. Frank Evelhoch, II