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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I'm writing to you today to encourage you to strengthen the financial
advisor rule that you are currently considering.  Financial advisors
should have their clients best interests in mind when advising people
on what to do with their money, not what improves their bottom line the
most.  I am constantly bombarded with emails and prodding from my
mutual fund to sign up for some financial advice service, but knowing
how weak the SEC rules are in this area makes me reluctant to act on
any of these offers.  Please make a decision that will help main street
instead of wall street.
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. Bob Wyllie