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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Financial investments are often complex which makes it difficult if not
impossible for many people to make the decision that is in their own
best interest. We need to be able to trust that anyone calling
themselves a financial adviser is providing advice and/or
recommendations that are primarily best for us.  If they are not
willing to abide by that expectation, they should be calling themselves
a salesman and not an adviser.

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. Stephen Anfinson