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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Dear SEC people,

Trust is so important to build and maintain.  The SEC has an
opportunity to require those who give financial advice to act on behalf
of the client they are giving the advice to.  Those most at risk need
your intervention to close this loop hole currently in place where
advisers can promote what is best for them and not what is best for
their clients.

It was only a decade ago that the financial crisis rocked our country
and for many caused irreparable harm.  Retirees do not have enough time
to correct mistakes made by following bad advice from unscrupulous

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. Thaine Creitz