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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Ensuring that financial advisers put clients interest first is
extremely important as more people depend on savings to fund their
retirement.  Costs are rising faster than Social Security so living on
Social Security as getting harder and harder.  We must make sure that
people who are living on investments can trust their advisers to make
the best investments for the client so our retirees can live
comfortably and without the stress of wondering how to make ends meet.

And, by the way, just making the advisers do what is right and moral is
a pretty good idea.

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. Paul Egan