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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

There are many investment advisors out there that prey on unsuspecting
investors. It happened to my parents! They lost over $40,000 to an
advisor whose only interest was himself. Do not let them run free!!!
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. Bruce Speer