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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As I am closing in on retirement, I have a right to expect that my
investments will be protected and handled with care. It's well past
time for you to close loopholes that allow advisors to charge hidden
fees and even lead people into bad investments.

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.


Mr. Michael Pavey