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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As one that has been given bad investment advice, lost money on the
investments of my retirement account to the point we are not living
very comfortable as depending most on Social Security benefits which

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. John McCanlies