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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Many of us were not educated in investing and growing our savings using
the stock market to work for us and rely on trained Financial Advisors
to assist us for a reasonable fee. It is morally and ethically
repugnant that those advisors we trust to help us manage our lifelong
savings for retirement would take advantage of us for their personal
gain.

It is unfortunate but necessary for our elected leaders to make a
stronger rule that closes the loophole. We've worked long and hard to
have enough to live comfortably and as our elected leaders we rely on
you to protect us from the unethical by closing that hole.

Sincerely,

Mrs. Margaret Englund