Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Virginia Rice-Coughlan
Affiliation:

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

We were given a law that protects people who entrust the money they
have made by working all their lives to others.  Why has the Securities
and Exchange Commission withdrawn that Law?  It was a just and moral
way to run a brokerage, but you saw fit to allow financial advisers to
short-change naive investors.

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,

Ms. Virginia Rice-Coughlan