Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: Douglas Singleton
Affiliation:

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

We went to a financial planning luncheon were we were told that we
would make a great return on our investment. Before handing over our
money my wife did a background search on the broker. We found out that
he was not a fiduciary as he advertised so luckily he was not able to
get his hands on our money. All the people invited to the luncheon were
seniors.

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.

Sincerely,

Mr. Douglas Singleton