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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Enough is enough! I personally have been taken for tens of thousands of
dollars by an "advisor" who made more from my account while I
lost money. His responsibility clearly ignored his fiduciary commitment
to me while he made money for himself from my "investments."
I'm 81 years old and will never recoup the loss.

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.


Dr. Maurice Katz