Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: David R Alban
Affiliation:

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I and my wife like thousands of others in this country have been taken
advantage of by a so called financial planner. We have been locked in
due to extreme penalties for ten years to at best mediocre contracts,
while the so called financial planner put thousands in hi pocket day
one. I'm responsible and I acknowledge that , but legally allowing this
behavior on behalf of financial planners is your responsibility.

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. David R Alban