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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

We've already been a victim of getting financial advice from a well
known established institution that did more good for them than it did
for us.  Granted we did okay with their direction but they kept more of
our hard earned money in fees and sales loads that would have put us in
a much better financial position had we kept it and invested it.

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. John Buriak