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

Jun. 26, 2018

Jun 26, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Most retirees have worked hard all their lives only to see their
hard-earned retirement savings dwindle in light of higher costs of
living and soaring costs of medical care. Retirement savings for most
of us will be used to pay for basic needs. It is imperative that
financial advisers be held accountable to advise retirees in a
trustworthy manner so that all Americans can live with dignity and
mutual respect.

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. Kathleen Sand