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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Many older Americans, like me, have very little knowledge about
investing. We basically trust our financial adviser to do what is right
for us. We don't know the difference when we lose money, if it's the
adviser or the market.

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. Steve Cook