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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

Like millions of Americans, I have invested what little I was able to
in retirement savings to hopefully make retirement comfortable. We all
should be able to trust our agents and advisers to guide us in the
right direction to maximize our little nest egg. I have worked very
hard for almost 50 years, overcoming some setbacks and shortfalls to
put away whatever little bit I could. We deserve to have trust in these
advisers by having rules that will assure our advisers are doing all
they can to benefit us all.

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. Michael MacDonald