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

Jun. 23, 2018

Jun 23, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I was recently talking to a neighbor who told me that his mother's
savings was mishandled by a financial advisor. His mother lost a lot of
money, about $100,000. The advisor was doing trades that hurt his
mother financially. I strongly support closing the loophole that makes
this possible and legal.

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,

Ms. Karen Law