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

Jun. 21, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Predatory lending was deemed bad for consumers. This loophole is no
different with its negative impact on Americans. Nowhere in our
Constitution is there a mention of rights of businesses; the provisions
contained within were wholly designed to protect individuals. So it
would be fully consistent if the SEC took the same position by
protecting individuals against the perils of financial advisers.

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. Russ Rossman