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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

We should be able to trust our financial advisers to put our interests
first. But loopholes in the current law make it easy for many advisers
to take advantage of hard-working Americans and line their own pockets
with our retirement savings.

I'm 70 years old and I'm still working and probably will have to for
the rest of my life. I put money aside every paycheck in my 401(k) that
my company didn't match anything for 7 years. I've worked hard to save
so that I might enjoy some years of my life as I get older.

Therefore, 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,

Ms. Melba Day