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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The SEC is considering a new rule for financial advisors but it does
not protect folks who are trusting their hard earned savings to
advisors who might not have their best interests in hand.

I personally had accounts that continually had excessive fees imposed
that were buried in the fine print that my advisors should have warned
me of, but for the most part, their interest was in getting that sales
commission, not preserving my savings in my interest.

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. Kenneth Miller