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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

It is unconscionable that highly paid financial advisers, paid by me,
are allowed to act in their own self interest at the expense of my best
interest when I am paying them  and trusting them to do what is best
for me!

Americans rarely have a traditional pension that is professionally
managed to provide for them in their retirement.  We are now expected
to be wise and invest our retirement funds appropriately and yet we
cannot trust a system that is rigged to collect higher fees from
individual accounts and offer professional advice that may not be in
our best interest.

I am 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. Don Deseck