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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Not everyone in this nation is skilled in financial management! Wall
Street is adept in helping these unfortunate people part with their
minimal assets without any concern for lives compromised and ruined. In
this great nation, the few and wealthy should never be permitted to
control the game. Someone must protect the minimized and under

As a retired CPA, I have seen the havoc that greedy and unconcerned
financial advisors have wrought upon their clients. It must be stopped!
Protect those in need from the imposters.

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. Paul Schlemmer