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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

After the phasing out of most pension plans, American workers were
encouraged to set up IRAs and to invest in 401-k's, most of them
through brokers and financial advisors. These advisors and brokers
should be held to fiduciary standards and be required to consider the
best interests of their customers ahead of the lining of their own

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. Fred Valins