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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Why would anyone think that a financial adviser should be allowed to
lie while giving advise on ways to invest, Isn't this an an oxymoron.
In the past people who did this were called con men. Somehow it is now
acceptable and legal. Wow what a change in values this country has
suffered. Is there no hope for the middle class. You agree to up the
pension in lieu of wages and then when you have to pay up you state
that pension are overly generous and you cut them or go bankrupt. Now
when we no longer trust you because of your previous lies and invest
out own money , you find another way to scam that away. Shame. Shame.
Shame

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. Bobby Harrod