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

Jun. 22, 2018

Jun 22, 2018

Securities and Exchange Commission

To the and Exchange Commission,

For over a decade I worked as an assistant to several financial
planners at a small firm.  It was often my belief that the products
purchased and invested in for clients were not necessarily in the
client's best interest.  I was quite certain, however, that these
products would benefit the adviser which proved to be true.

People are not confident in their own abilities to understand how to
invest so they place their trust and money into the hands of people who
are often dishonest.

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,