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

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The standard to require fiduciary agreements needs to stay in place.
As an aging free society, we're already struggling to identify and
properly react to outright fraud in investing.  We do not need a rule
that continues to allow the soft fraud of trade-incentivized brokers
collecting fees on what may often be inappropriate investments.
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. George Thyng