Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Lawrence O'Neill

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

This is "Wall Street versus Main Street"   Having elements of the
financial services industry square off against consumer advocates
overshadows the great work most fiduciary advisors do on behalf of
their clients.

The decisions to gut the fiduciary rule were not only a step backwards
for the industry, but an attack against the biggest benefit for
America's 75 million hard-working retirement savers,

A strong, enforceable fiduciary rule would ensure disclosure and
transparency between financial professionals and consumers. When
everything is out in the open, people have the capability to make the
most rational, well-informed decisions.

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. Lawrence O'Neill