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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It is very important for retired seniors to hold onto their assets as
these assets can not be replaced. Allowing financial planners and
advisers to offer high commission, high risk investments, so they can
profit from the commissions, should have the same penalty as robbing a
bank. But at least banks are covered by fedeeral insurance. What
protection to we retired seniors have from these preditors? Please
close any loopholes that allow this practice to continue.

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. Lee Miller