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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I believe there was a law not long ago that mandated financial advisors
to give information that would be best for the investor and not to
benefit the advisor.  Recently I understand that was rescinded so that
these advisors can suggest any investments including ones that would
pay commissions to the financial advisors.

I'm counting on you to make a stronger rule that closes this loophole.
Americans who've worked hard to save for retirement deserve peace of
mind about their financial security.  They shouldn't have to wonder if
they are being told what's best for the investor or if their financial
advisor is recommending an investment because it would financially
benefit the advisor.

I know our President and his buddies know how to make money through
various investments but I don't believe they have plain old citizens in
mind with the variety of laws/standards/regulations they are coming up
with to run US business these days.  We don't need the rich to get
richer, but the less rich to get more evenly treated.  Let's make a law
that encourages knowledgeable financiers to offer the best advice
possible to us little guys no matter how it might impact the advisors!

Thank you.!


Ms. Brenda Coffman