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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

To shirk your duty to regulate the securities industry does that
industry no favors,  It insures the unscrupulous prosper while diligent
and prudent advisors are shunted aside and rated
"underperforming".  In the end once respected firms become
shells and will fail in the next crisis.

Thousands of real people, not abstract "investors", suffer
from moral less and unprofessional advisors now and hundreds of
thousands more will suffer.

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. Dan Chandler