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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Dear Commissioners:

My entire life's savings are in IRAs and my 401k account. My wife and I
have worked 34 years to build these savings in the hope that we will be
able to retire without worrying too much about money. So I'm asking you
to do *your* job and protect me and people like me from ill-intentioned
financial advisors.

I'm sure you don't want to be seen as creating safe harbor for
financial predators. The last thing this administration and its various
departmental allies needs is to be perceived as being entirely and
unabashedly in the pockets of Wall Street and other moneyed interests.

It's simple. Do the right thing. Close the loophole.


Mr. David Walton