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

June 2, 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.

I personally have been lied to and duped by several financial advisors whose self serving sales pitches cost me thousands of dollars in hidden fees. We must stop the deception.

Teachers on Long Island seem to beĀ  easy prey for AXA representatives to sell them products that are complicated in nature to hide fees and commissions. We need full disclosure and honesty to make informed financial decisions.


Ms. Joan Cumisky