Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Edward Adelson
Affiliation:

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I had good advice from a very rich friend forty years ago when i
couldn't afford to take it. But I have since tuck to Vanguard and T.
Rowe Price and fidelity Mutual funds. It would be great to be able to
get good investment advice, but as long as wall street advisors can't
be trusted I won't use them. It is ridiculous that they are still
allowed to cheat and steal from clients.

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.

Sincerely,

Mr. Edward Adelson