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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I'm counting on you to make a stronger rule that closes the loophole
that allows financial advisors to give advice that benefits themselves
at our expense.  Americans who've worked hard to save for retirement
deserve peace of mind about their financial security. My husband and I
worked hard and saved from the beginning of our marriage. When he
became ill at the time of his retirement and incurred huge medical
bills, all of our savings were decimated. Our retirement  funds were
invested and we paid huge sums for the privilege. We needed every penny
we could salvage for his care. I'm left with none of the retirement
funds that could have made my final years anywhere close to what both
of us worked for. It is extremely hurtful that some individuals are
living so grandly on the money we worked so hard for and needed so
much. Please close the loopholes!

Sincerely,

Mrs. Judy Warshaw