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

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Banks are already allowed to rollover CD's at 5 Basis Points - $50 for
locking up someone's $100,000 for a year, while they make anywhere from
$3,000 - $15,000, depending on how they lend it.

It is an attrocity.  Do not allow any more money to leave the accounts
of our elder citizens.  Far too many ways for the FInancial Services
Industry to extort, skim, and embezzle from the masses all under the
auspices of advisory value.

Do something.  Call it out.  Use your power to keep the wolves at bay.

Sincerely,

Dr. Aerica Ostrov