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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I have worked very hard to put away money in my 401k and IRA for

I am very skilled in my own profession but unfortunately, I'm not a
financial expert so I have to rely on the advice of others for how to
manage my hard earned savings.

People like me need protection against unscrupulous financial advisers
who seek to take advantage of our lack of knowledge in this area. The
law needs to protect the rest of us from the sharks who only seek to
separate us from the nest eggs we have set aside for our old age.

I'm counting on you to make a stronger rule that closes the loophole in
the law that makes it possible for us to be so easily deceived.
Americans who've worked hard to save for retirement deserve peace of
mind about their financial security.


Mr. John Tyrer