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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

My ex-wife's mother was swindled out of around $200,000 due to bad
investment advice by a young Edward Jones investment advisor some years
back. She was in her late 70s or early 80s and her money was invested investments that tanked and, no doubt, provided a nice
commission for the adviser.  At her age, that advisor was ignoring his
fiduciary responsibility in how he invested an older person's money.
This has to stop!

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. David Morris