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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Years ago I got advice from an advisor who made a nice profit on the
advice to purchase a variable annuity.  Later on I talked with an
honest advisor who had my interests in mind.  He told me the lousy
advice would cost me about $10,000 per year for the rest of my life.  I
was 62 at the time.  I complained to the insurance commissioner, the
advisor and the insurance company.  They all said nothing could be
done,  Now at 76 I am hurting because of lack of funds for my
retirement.  This really needs to be fixed.

Sincerely,

Ms. Victoria Wikle