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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I have never been able to trust a financial advisor, even when I was
setting up IRA's with the different companies I have worked for in my
working life, as I was always wary that they would only recommend
something that would make them money. I have always wanted to be able
to go to a financial advisor that would give me information that is in
MY best interest, not theirs. I understand that they have to make a
living as well but not at MY expense.

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.

Close this loophole and ensure a higher standard than the currently
proposed rule. Hold anyone who gives financial advice genuinely
accountable for helping everyday Americans choose the best investments
for us, our families, and our future. We don't need or want a standard
that just makes our brokers and bankers richer.


Mr. Tony Galloway