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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

*I understand how hard it is to pass legislation that protects people
from con-artist and thieves.  Most financial advisors are not
con-artist or thieves, but they do make money directing people to
certain stocks and bond groups.  This should not be allowed.  The money
these people are paid should be from the people seeking advise not from
companies pushing their stocks, or the government pushing bonds.  This
might not be what you want to do, but it is what you chose to do when
you accepted this job.  You accepted the responsibility to take care of
people who cannot take care of themselves. If you do not have the
stomach to stand up to power, then please make way for someone who
does.

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. Janida Thuemler