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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

When did we stop seeing each other as people and start seeing only
dollar signs? I was brought up to respect and cherish my elders not
take advantage of them. I get at least 6 calls every day from scam
artists. I know enough to hang up the phone. Many of my elderly friends
(who have lived most of their lives in a world where people could trust
one another and neighbors helped one another) are taken in by those
calls.
Anything we can do to make their lives better is not only what America
used to stand for, but it's simply the right thing to do.

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. Joan Russo