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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Financial Advisers who recommend products through which they are
compensated are not "advisors" at all.  They are retail sales
clerks and should be addressed as same.

Real advisors act in the best interest of their advisees.  While their
advice can't always have a fantastic outcome, it should have proper
intent.  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. Alice Kenny