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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

i our all of my 401.k savings plus an inherited IRA and 2 Coverdell
accounts with my advisor (Schwab). After my situation changed, I called
my advisor to discuss protecting my assets and preserving some of fins
for long term care. He told me his job wasn't to protect my assets it
was to make money and suggested I "google" long term care annuities. He
would not provide any advice other than to maximize his fees. He didn't
protect me, serve me as I am leaving him and putting
money elsewhere. Without protection for other (especially elder
Americans) these guys can use and lose their hard earned savings.

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. Judy Blair