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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Certified financial advisors must have a fiduciary duty to their
clients for both ethical and moral reasons.  Financial institutions
must maintain the highest standards possible for their clients to
stimulate both trust and growth in their mutual interest.

The Securities and Exchange Commission should deal with less than
scrupulous persons/entities with extremely harsh penalties to include

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. James Hewes