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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I'm counting on you to make a stronger rule that closes the loophole
that Americans who've worked hard to save for retirement deserve peace
of mind about their financial security and 401(K)'s Put Our Interest
We all have worked hard and payed in social security and medicare and
still are paying more for medicines and health care and being able to
pay bills. We are prey to bad advice that takes more of our money with
investments that are suppose to supplement our income but actually take
more from us. PLEASE close any loop hole that pads the pockets of so
called financial advisers and bleed our meager savings dry to the point
of having to choose between medicines and food or being homeless.
Someday those so called advisers maybe in our shoes and they would
think twice of taking away their ill gotten gains from swindling
seniors. IF IT came from their pockets and not ours it would definitely
be another story!


Mr. Joseph Overbee