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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

There are so many forces at work that make it harder and harder for
average Americans to have the chance of a comfortable retirement.
Pensions are for the most part a thing of the past and each of us are
on our own to try and make sense of a system that is not our area of
expertise.

If the rules are weakened and those giving financial advice are allowed
to profit from the advice they give many more people who are genuinely
trying to stay off government assistance will need help because their
investment will not be enough. It makes financial sense to do this.

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,

Mrs. Judy Anderson