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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As a retired person depending on my New York State Teacher's
Retierement Pensions and my own savings, I believe I have a right to a
Financial Advisor who gives me sound advice that is for my benefit not
his/her pocketbook.  The ruling by the Consumer Protection Bureau made
sense to me and gave me a sense f security.  Now that the rule has been
rescinded in a frenzy of removing restrictions for businesses, I have
lost that sense of security.  Something must be done.

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.


Mrs. Caroline Lane