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

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

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.

An investor who speaks to a broker for advice should not have to worry
as to whether the advice being given pads the account of the broker at
the expense of the person seeking advice. The investor needs to feel
confident that the advice being given is in the best interest of the
investor with no exceptions.


Mrs. Ruth Pennoyer