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

Jun. 26, 2018

Jun 26, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Front end, back end charges, plus maintainence fees for retirement
accounts are chipping away, substantially, annually on the TOTAL VALUE
OF THE INVESTED MONIES.

MY PERSONAL EXPERIENCE ALLOWED ONE OF THE LARGEST INVESTMENT FIRMS, TO
CHARGE ME $6000.00 + ANNUALLY, to manage my account.  The acvount was
UNDER A MILLION DOLLARS.

In 6 years, $60,000.00+ would have been skimmed off the top, without
EARNING SUBSTANTIAL INTERST.  KEEP IN MIND, TAX TIME FURTHER PUNISHED
ME, (PAYING ADDITIONAL MONIES, IN THE FORM OF INSIDIOUS TAX VEHICLES.

45+ YEARS of saving, having my savings being SYSTEMICALLY SHAVED DIWN
SUBSTANTIALLY, DOES NOT ENSURE MY FINANCIAL SOLVENCY.

I DONT MIND PAYING FAIR FEES FOR FINANCIAL MANAGEMENT.

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. Barbara Christiansen