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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

"There's a sucker born every minute" is a phrase closely
associated with P. T. Barnum.  It should not be the motto of financial
advisers.  One should be assured information given to them is accurate
and with full disclosure of the advisor's benefits. Protection will
allow the "better angels of our nature"  to guide the industry;  to do
no harm to any member of our society.

I'm counting on you to make a stronger rule that closes the loophole.
Americans  work hard to save for retirement  and deserve peace of mind
about their financial security.

Sincerely,

Mrs. Shirley Sloan