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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Please do the right thing!!!

Do it, if not for the obvious moral reasoning, do it for the economic
impact.

If an entire generation of retirees cannot afford to meet their basic
needs, discretionary spending will be negligible. This will create a
huge drag on the economy, on GDP, on corporate profits,  and (by
extension) this will calls the USA to lose its position in the global
economy.

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. Jeff Gilleland