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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I began saving for my retirement while In the Air Force, and continued
to save after twenty years in the service of my country.  It was not
easy to save and invest while supporting my family as our children grew
and matured.  They completed high school and college and grew into
adults.  My wife and I supported their dreams as they completed
college.  Our son served in the n ave and in the Army National Guard,
and our daughter continued to medical school after her BA.  We made
trade-offs between supporting our childrens' goals and preparing for
our eventual retirement.  Now we are retired, we are not building our
retirement nestegg, but are using our savings and investment to meet
our continuing obligations.  But we are unsure about the safety of our
retirement funds.

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. Larry Cork