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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

***[In July 2008 after saving 10% of my pay into so-called safe wall
street investments for 20 years my 401(k) balance stood at $78,000!!!!!
Today after fiscally irresponsible politicians, crooked bankers, and
thieving Wall Street investors my balance stands at a horribly meager
$7,400!!!!! ]***

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. Steven Wright