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

Jun. 21, 2018

Jun 21, 2018

Securities and Exchange Commission

To the and Exchange Commission,

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.  Close this loophole and ensure a
higher standard then the currently proposed rule.  Hold anyone who
gives financial advice genuinely accountable for helping everyday
Americans choose the best investments for us, our families and our
futures.  We don't need or want a standard that just makes our brokers
and bankers much more richer.  I went through this type thing back in
the 90's when I wound up losing over $30,000 and it has taken until
recently to try and recoup that lost capital and now I'm nervous about
my remaining days on earth if that happens again.  Take heed.

Sincerely,

Mr. Kenneth Miller