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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

As a senior we are not in a position to go out and earn again the money
we have to invest.  Taking advantage of our limited knowledge of how
Wall Street and the investment markets really work to charge us for
unnecessary and unconscious fees and commissions is nothing but legal
thievery.  Be responsible and support fiduciary rules that will protect
us from unscrupulous advisers.

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. Richard Butts