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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I read an article that stated people lose 5% or more  of their
financial acumen every year after they reach the age of fifty.  This
was certainly true of my parents.  My sister and I spent a small
fortune over a 10 year period attempting to resolve their financial
problems.  With scammers focusing more and more on senior citizens, we
should at least be able to trust our financial advisors.  If not
because they are honest but because they would be breaking the law

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.


Ms. Terri Knutson Knutson