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

June 15, 2018

Securities and Exchange Commission

To the and Exchange Commission,

You have laws that regulate who can be a lawyer, doctor, inspectors, etc. but someone that handles money for everyday Americans can do as they please and say what they want and we can't know truth if they hide things well enough. Retirement accounts earn millions of taxable dollars every year. Why wouldn't the government want to protect that.
Closing the loophole that allows brokers to say and do anything to make more money for themselves is justice for all those trying to secure their future so they are less dependent on government programs.
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.


Dr. Cathy Sabota