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

Jun. 23, 2018

Jun 23, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I worked for the government for 33 years and I worked very hard towards
helping to fund my retirement.  I retired as a GS-5 so my pension is
not exorbitant and my Social Security is penalized 40% due to WEP.
Consequently, I am counting on my financial advisor to have my best
interest when helping to make sound financial decisions for me.  There
are enough scams and other thieves out there trying to cheat hard
working older retirees; please keep Wall Street and financial advisors
honest!

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,

Mrs. Lynn Watson