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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It is remarkable that one would have to pass a law ensuring
professional financial advisors "must" put their client's
interest first. My son is a professional investment counselor and I
know he takes pride in doing the best for his clients. Where things get
lost is at the corporate levels where CEOs make obscene salaries and
have golden parachutes.
This country is in trouble on so many fronts these days taking us to a
oligarchy.  Disregard for the middle and lower income people will be
the death of our republic as we know it.

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. Lorraine Imes