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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My family is counting on my 401(k) for a secure financial future in
retirement and we have been accumulating savings for our entire working

AARP has made us aware that there is a loophole in the rules makes it
legal for some financial advisers to give advice that is in their best
interests, not ours.

My understanding is that you are reviewing the rules and you have a
chance to fix it now. I'm asking you to strengthen the rules and close
that loophole.
Americans who've worked hard to save for retirement deserve peace of
mind about consulting a financial adviser.


Mrs. Rita Gates