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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My wife and I have worked hard all our lives and have invested for our
future. Please make sure the financial advisor industry is required to
provide unbiased advise that is aimed at benefiting their clients
instead of their own pockets.

Investing is a perilous road for someone who is not well educated in
the ins and outs of investments. Enormous amounts of money has been
lost because everyday people who want to invest in their future are not
knowledgeable enough to make the best decisions where to place their
money. Trained investment advisors can make the situation much better,
if they're not inclined to do things just to line their own pockets at
the expense of their clients.

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. Richard Quint