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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

People consult a financial advisor when they want the advice of an
expert to help them to manage their affairs because they do not have
the education and resources to make decisions on their own.  I believe
that enabling these advisors to make extra money despite the perhaps
negative effect on their customer's financial status is wrong.

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. Maria Smith