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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Many of our senior citizens have very little to live on and they rely
upon their meager retirement which includes their 401(k)s. That being
said, there are many who need more assistance in managing their
investments. Some are vulnerable and there are financial advisers that
will take advantage of this fact. They need protection and holding
financial advisers accountable is a step in the right direction. Hidden
fees and bad advise costs Americans billions of dollars every year, and
all of us hard working people deserve better. We don't need or want a
standard that just makes our brokers and bankers richer.

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. Anita Sutton