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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

The average American is afraid to make investments in the stock market
for just these kind of problems. We feel that we're being taken
advantage of and our laws should make sure that this is not the case.
Older Americans especially cannot afford for their savings to be
abused....and especially for the advantage of the very people who are
supposed to be advising us.

Personally I keep my funds in savings accounts and CDs which is
detrimental financially, but I have no faith in the safety of the stock
market and don't have the longevity to find out.

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.


Ms. Sherry Dillard