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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I'm all for people earning a profit for services rendered but within
reason. There needs to be a limit cap on how much companies and
individuals can charge and earn from clients. Letting advisors take
advantage of clients is unethical and it's your responsibility as the
SEC to do something to protect Americans and their hard earned
incomes.

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. Robert Balmos