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

Jun. 24, 2018

Jun 24, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Make sure the final rule does two things: clearly define the standard
of conduct for investment professionals as a "fiduciary standard" --
meaning they put their clients' interests first -- and provide
investors with clear, effective disclosure forms. It's that simple to
protect us- if you really want to!!!

"The current SEC proposal does not clearly define a 'best interest
standard,' and we believe it must do so," Certner said in a statement
before the hearing
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. Richard Newhouse